Groupon (GRPN) Shares Respond as Starbucks' (SBUX) Schultz Says He's Confident in Company

May 10, 2012 12:32 PM EDT
Groupon (Nasdaq: GRPN) shares just ticked higher in afternoon-trade Thursday as Starbucks' (Nasdaq: SBUX) CEO Howard Schultz just told CNBC viewers he is confident in the company.

The stock is now down 1.2 percent to $9.95, but off session lows set at $9.90 just after noon.


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