Daily Stocks News » GRPN

Groupon Upgraded By Stifel Nicolaus

Warren Paige — Thu, 19 Sep 2013 18:58:13 +0000

Shares of Groupon Inc. (NASDAQ: GRPN) soared on Thursday to clock a new 52 week high after Stifel Nicolaus upgraded the online marketplace stock to a “buy” from a “hold”. The firm has a price target of $16. Ever since Eric Lefkofsky took over the reins of the Company from Andrew Masson, the stock has [...]

Groupon Acquires Online Booking App, Blink

Warren Paige — Mon, 09 Sep 2013 15:44:13 +0000

Daily deals site, Groupon Inc. (NASDAQ: GRPN) announced on Monday that it has acquired Blink Booking. Blink Booking is a Madrid based start-up which made last minute hotel booking app called Blink. The terms of the deal were not revealed though. Blink, which was founded in 2011, raised $2.5 million last year in order to [...]

Groupon Shares Rally After Morgan Stanley Upgrade

Warren Paige — Thu, 05 Sep 2013 17:06:45 +0000

Shares of e-commerce marketplace, Groupon Inc. (NASDAQ: GRPN) gained sharply on Thursday after Morgan Stanley upgraded the stock to a “buy”, citing turnaround in North American region due to the introduction of the deal bank. Besides, in the research report, Morgan Stanley’s equity analyst, Scott Devitt also said that Groupon’s growing revenue from mobile business [...]

Major Movers on June 14; RH, GRPN, CASY, SWHC, GME

Warren Paige — Fri, 14 Jun 2013 18:14:04 +0000

Shares of Restoration Hardware Holdings Inc. (NYSE: RH) catapulted about 18% by afternoon trade. The home furnisher late on Thursday announced fiscal first quarter results. The Company said that first quarter loss narrowed due to lower expenses. The Company earned 6 cents a share on non-GAAP basis against a loss of 4 cents a share, [...]

Groupon Stock Upgraded by Deutsche Bank (GRPN)

Warren Paige — Fri, 14 Jun 2013 15:36:48 +0000

Daily deal site, Groupon Inc. (NASDAQ: GRPN) shares were upgraded to “buy” from “hold” by Deutsche Bank on Friday. The Bank also raised its price target on GRPN to $10 from $6. Shares rallied following the upgrade. In the research note, Deutsche Bank analyst Ross Sandler said that the bank’s equity research team believes that [...]

Jana Partners Discloses Stake in Groupon and Zynga (GRPN, ZNGA)

Warren Paige — Thu, 16 May 2013 10:50:23 +0000

Jana Partners, one of the leading activist hedge funds, managed by Barry Rosenstein, revealed on Wednesday that it holds stake in Groupon Inc. (NASDAQ: GRPN) and Zynga Inc. (NASDAQ: ZNGA).

Jana, which manages in excess of $4 billion in U.S. stock holdings, disclosed in its regulatory filing on Wednesday that it has a stake [...]

Major Movers on May 9; GMCR, ATVI, GRPN, RAX, TSLA, RAX, BKS

Warren Paige — Thu, 09 May 2013 17:52:45 +0000

Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) soared about 25% by afternoon trade after the coffee maker, late last evening, announced that it has extended its partnership with the world’s biggest coffee-store chain, Starbucks Corp (NASDAQ: SBUX). Under the latest agreement, Green Mountain would triple its supplies of KEURIG Brewers line of products [...]

Groupon Trims Q1 Losses, Provides Upbeat Guidance (GRPN)

Warren Paige — Thu, 09 May 2013 10:50:36 +0000

Daily-deals site Groupon Inc. (NASDAQ: GRPN) handed better-than-expected fiscal first quarter revenue late last evening and provided upbeat guidance on the current quarter, fanning hopes that the beleaguered company has seen its worst, sending shares soaring 11% in extended-trading hours.

Groupon’s daily-deals business in the North American region showed strong growth; however, its international [...]