(VIANEWS) – Shares of Groupon (NASDAQ: GRPN) jumped by a staggering 22.66% in 5 sessions from $3.53 at 22.66, to $4.33 at 12:25 EST on Wednesday, following the last session’s downward trend. NASDAQ is dropping 0.82% to $12,457.58, following the last session’s downward trend.
Groupon’s last close was $4.44, 73.06% below its 52-week high of $16.48.
About Groupon
Groupon, Inc., together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants; and first-party goods inventory. It serves customers through its mobile applications and websites. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. Groupon, Inc. was incorporated in 2008 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, Groupon has a trailing twelve months EPS of $-8.01.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Groupon’s stock is considered to be oversold (<=20).
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