|Bid||4.63 x 2900|
|Ask||4.81 x 1000|
|Day's Range||4.66 - 4.84|
|52 Week Range||3.60 - 5.99|
|PE Ratio (TTM)||84.91|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.57|
Yet another Chinese internet unicorn is going public -- here’s the skinny on one of the world's largest start-ups.
Short interest is moderate for GRPN with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on July 10. The net inflows of $3.30 billion over the last one-month into ETFs that hold GRPN are not among the highest of the last year and have been slowing.
Despite reporting first-quarter results that topped estimates and announcing a fresh repurchase program, Groupon (GRPN) still tumbled in the first half of the year. Groupon stock fell 15.7% in the six months ending in June. JD.com (JD) was down 6.0%, and eBay (EBAY) fell 3.9%, while the S&P 500 Index rose only 1.7% in the first half.
Jim Cramer chose Groupon as his Stock of the Day on Real Money. Watch the video above to see why actress and comedian Tiffany Haddish may have had something to do with that.
NEW YORK, NY / ACCESSWIRE / July 10, 2018 / Helen of Troy Limited was seeing its share price head higher after reporting a successful first quarter that beat analysts’ estimates. Shares of Groupon also soared as a report from Recode said the company could be looking for a buyer with one of the potential suitors being Alibaba. Helen of Troy Limited shares closed up 12.65% on a little over 2.1 million shares traded on Monday.
Twitter (NYSE:TWTR), for instance, fell more than 5% on news that it was shutting down as many as 70 million accounts it believes are fake accounts. With that as the backdrop, stock charts of Range Resources (NYSE:RRC), SBA Communications (NASDAQ:SBAC) and Pfizer (NYSE:PFE) say these names are shaping up as the more reliable trading bets. Click to Enlarge • The compelling underpinnings here are evident on the monthly chart.
Shares in Chinese mobile phone manufacturer Xiaomi opened on Monday in Hong Kong at HK$16.60 ($2.12), below their IPO price of HK$17, and fell steeply before recovering early afternoon to trade just below their listing price. "A break-even first day of trading is a disappointment for any IPO," writes The Deal's Paul Whitfield, "But the failure to post a gain is particularly frowned upon in Hong Kong where investors often borrow money to invest in listings in the expectation of a quick profit." It is interesting juxtaposition to the white hot U.S. IPO market that has been very kind to most companies. TheStreet's Annie Gaus takes a look at the record-setting IPO market in the U.S. and the next big companies to watch.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Monday's trending stocks from the floor of the New York Stock Exchange.