Groupon (GRPN) CEO Mason Declines Comment on Takeover Speculation
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Groupon (GRPN) May Attract Interest, But Not From Daily Deals (GOOG) (FB)
December 11, 2012 11:38 AM ESTGroupon (Nasdaq: GRPN) shares are ticking higher again Tuesday following another go by Bloomberg at its M&A potential. Those on the stock might remember Groupon's 23 percent rise last Friday on chatter.
Today, Bloomberg is taking the other side of the aisle, saying Groupon is still expensive, even with a market cap that is half of what Google (Nasdaq: GOOG) offered to the company in 2010.
Analysts see sales growth at Groupon slowing to a trickle over the next few years, dropping from 45 percent in 2012 down to 0.6... More
Analyst Calls Foul on Groupon's (GRPN) Rumor-Induced Surge
December 10, 2012 7:37 AM ESTShares of Groupon, Inc. (NASDAQ: GRPN) surged 23 percent on Friday following rumors Google (Nasdaq: GOOG) would come back will a takeover bid for the company after reports CEO Andrew Mason canceled a public appearance for this Tuesday. However, one analyst is calling foul.
Evercore Partners' internet analyst Ken Sena said he finds no basis for these claims. First, he notes that Andrew Mason is confirmed to speak Tuesday at Mobile-Loco in San Francisco at 10am... More
Groupon (GRPN) Squeezes Higher
December 7, 2012 2:29 PM ESTGroupon (Nasdaq: GRPN) is squeezing higher Friday afternoon, shares up over 20 percent at one point.
Short interest is currently 23 percent of float, increased over the last few weeks. It appears like shorts were set at $4 and $4.25 based on the runs higher.... More
