UPDATE: Groupon (GRPN) Posts Q4 GAAP Loss of 12c/Share; Guides Q1 Revs Below Views
- Shares jump on tech boost; fragile yen on intervention watch
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil prices steady after rallying on US stock decline, business data
- Yen on the brink, but Tesla pulls back
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Hasbro (HAS) brand strength sees earnings top expectations
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Tesla, AT&T, Biogen and Hasbro rise premarket; Uber, Enphase fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
Traders Ease Short Positions on Groupon (GRPN) Into Q4 Numbers, CEO Firing
March 1, 2013 11:27 AM ESTGroupon (Nasdaq: GRPN) is popping about 7 percent higher on heavy volume Friday following the ousting of its co-founder and CEO Andrew Mason Thursday... More
Goldman Thinks Groupon (GRPN) is Compelling Despite Near-Term Pain
February 28, 2013 1:03 PM ESTShares of Groupon (NASDAQ: GRPN) declined sharply on Wednesday evening after the company reported disappointing Q4 results and offered guidance that was below expectations. Part of the reason for shortfall relates to higher cost of revenue from Groupon Goods. Despite this, analysts at Goldman Sachs... More
Wells Fargo Downgrades Groupon, Inc. (GRPN) to Market Perform
February 28, 2013 7:21 AM ESTWells Fargo downgraded Groupon, Inc. (NASDAQ: GRPN) from Outperform to Market Perform and lowers its valuation range to $5.00 to $6.00 from $6.00 to $7.00.
The firm comments, "Groupon reported Q4 results that fell slightly below expectations. More
concerning to us however, is the companys recent change in strategy. We liked
the original Groupon business model of providing a... More
Raymond James Downgrades Groupon (GRPN) to Underperform
February 28, 2013 7:07 AM ESTRaymond James downgraded Groupon, Inc. (NASDAQ: GRPN) from Market Perform to Underperform.
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 $5.98 yesterday, with a 52 week range of $2.60-$20.50.... More
BofA/Merrill Lynch Downgrades Groupon, Inc. (GRPN) to Underperform
February 28, 2013 7:01 AM ESTBofA/Merrill Lynch downgraded Groupon, Inc. (NASDAQ: GRPN) from Neutral to Underperform.
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 $5.98 yesterday, with a 52 week range of $2.60-$20.50.... More
Evercore Partners Cuts PT on Groupon (GRPN) to $4.30
February 28, 2013 6:57 AM ESTEvercore Partners cut its price target on Groupon, Inc. (NASDAQ: GRPN) from $5 to $4.30 while reiterating a Underweight rating. The firm said the bottom-line miss overshadowed a meaningful volume beat. They also noted margin trends are worrisome, contracting 1000 bps Q/Q to 52%.
Analyst Ken Sena... More