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Groupon Shares Surge as Company Posts Quarterly Profit (GRPN)

Groupon Inc. (NASDAQ: GRPN) shares surged in after-hours trading on Monday after the Chicago-based company posted a quarterly profit. GRPN managed to post a profit for the quarter by slashing marketing spending and signing up more customers and merchants.

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May 15th, 2012 | Tags: | Category: Large Cap Growth Stocks | Leave a comment
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