Groupon (GRPN) Misses Q3 EPS by 3c; Sales Light
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
William Blair Downgrades Groupon, Inc. (GRPN) to Market Perform
November 9, 2012 10:37 AM ESTWilliam Blair downgraded Groupon, Inc. (NASDAQ: GRPN) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on Groupon, Inc. click here. For more ratings news on Groupon, Inc. click here.
Shares of Groupon, Inc. closed at $3.92 yesterday, with a 52 week range of $3.68-$26.90.... More
Groupon (GRPN) Going to $2 after Dismal Results - Evercore
November 9, 2012 9:23 AM ESTEvercore Partners analyst Ken Sena slashed his price target on Groupon, Inc. (NASDAQ: GRPN) from $3 to $2 following dismal Q3 results after the close. He reiterated his Underweight rating.
The firm notes Flat q/q revenue growth was 5% below expectation at $569 mm. Daily Deals revenue of $424 (75% of business) was down -16% q/q, 17% below... More
Barrington Research Downgrades Groupon, Inc. (GRPN) to Market Perform
November 9, 2012 8:20 AM ESTBarrington Research downgraded Groupon, Inc. (NASDAQ: GRPN) from Outperform to Market Perform following weak Q3 results
For an analyst ratings summary and ratings history on Groupon, Inc. click here. For more... More