the company that pioneered local online daily deals, is looking to be bought out, according to report. Price Movement, moving on, shares of Groupon have plummeted nearly 47 over the last five years. This falls far behind its e-commerce industrys average, which of course features giants Amazon amzn and Alibaba baba, as well as the newest Chinese digital shopping player, Pinduoduo PDD (also read: What's So Special About the Latest Chinese IPO Pinduoduo?). Shares of Groupon grpn slipped.5 during regular trading hours Wednesday in carte cadeau ig code a small pullback that might signal investors are hesitant about the firm ahead of its second-quarter earnings release Friday.
Groupon (grpn) stock surges on report it's
Grpn: Groupon Inc - Stock" and News
Groupon is looking for a buyer, Recode reports
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Amid a digital push and a drive to bring more brands and small businesses onto the platform, the company's stock has languished under 5 per share far below its post-IPO high. For the current year, grpns top-line is expected to slip by nearly 7.65 billion. Facebook, instagram, vine, questions, comments, suggestions for the "Mad Money" website? Groupon has received one upward earnings estimate revisions within the last 30 days for both the following quarter, fiscal 2018, and the following fiscal year, against zero downward changes. Ashlee Espinal cnbc, rich Williams, CEO of Groupon, groupon gained almost 11 percent Monday following a weekend report that the company is seeking a buyer.
Report of groupon on cnbc
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