GRPN - Groupon, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
3.0500
+0.2200 (+7.77%)
At close: 4:00PM EST

2.2800 -0.77 (-25.25%)
After hours: 7:59PM EST

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Previous Close2.8300
Open2.8500
Bid2.3100 x 1300
Ask2.3200 x 28000
Day's Range2.8300 - 3.0850
52 Week Range2.1700 - 3.8200
Volume14,645,956
Avg. Volume6,811,295
Market Cap1.722B
Beta (5Y Monthly)1.16
PE Ratio (TTM)N/A
EPS (TTM)-0.0970
Earnings DateApr 27, 2020 - May 03, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est3.25
  • Barrons.com

    Groupon Stock Tumbles 25% On Earnings Miss. The CEO Calls for ‘Profound Change.’

    (GRPN) shares plunged 25% in late trading Tuesday after the e-commerce company posted disappointing financial results, announced plans to divest part of its business, and disclosed plans for a reverse stock split. “We did not deliver the financial performance we expected during the fourth quarter and we recognize we must move swiftly to put Groupon back on a growth trajectory,” Groupon CEO Rich Williams said in a statement.

  • MarketWatch

    Groupon plans reverse-stock split, names new CFO

    Groupon Inc. shares were down 25% in extended trading Tuesday after the online marketplace reported disappointing fourth-quarter revenue and said it planned to exit the Goods category so it can focus on the $1 trillion "local experiences" market. The company also named Melissa Thomas its chief financial officer, and said it plans to pursue a reverse-stock split to boost the price of its stock. Groupon reported net income of $77 million, or 13 cents a share, in the quarter, compared with net income of $46.2 million, or 8 cents a share, in the year-ago fourth quarter. Revenue plunged 23% to $612.3 million from $799.9 million a year ago. Analysts surveyed by FactSet had expected earnings of 12 cents a share on sales of $705 million. Groupon shares are down 13% over the last 12 months. The S&P 500 index has gained 21% ocer the past year.

  • Groupon to focus exclusively on selling experiences
    American City Business Journals

    Groupon to focus exclusively on selling experiences

    After reporting disappointing fourth quarter and full-year financials, Groupon said a new business strategy is essential to reignite growth.

  • Groupon Plunges After Missing Estimates, Announcing Overhaul
    Bloomberg

    Groupon Plunges After Missing Estimates, Announcing Overhaul

    (Bloomberg) -- Groupon Inc. plummeted as much as 26% in late trading after delivering worse-than-expected results and announcing plans to stop selling goods -- a retreat for a company that once aspired to be a major shopping service.Earnings declined to 7 cents a share last quarter, excluding some items, Groupon said on Tuesday. That missed even the most pessimistic Wall Street estimate. Sales also fell dramatically short of projections.The stock tumbled as low as $2.26 in extended trading after the results were posted. The shares had been up 28% this year through Tuesday’s close, with investors betting that Groupon could mount a comeback.Groupon Goods, an e-commerce site for for products like phone charges and coats, was an attempt to attract new customers and decrease the company’s reliance on its core business -- selling daily deals and other discounts. But the business’s contribution to profit has been declining for four quarters, and consumers have lost interest, Groupon said. That’s why it plans to phase out the program this year.“Goods has outlived its role as a business driver and has become a significant drag on our business,” Chief Executive Officer Rich Williams said in a letter to shareholders.Groupon’s turnaround plan now hinges on relaunching the brand and kicking off a new marketing strategy, Williams said. The hope is to shift away from offering deals and be known as a marketplace where consumers can find local experiences.The goal is “being top of mind when our customers are looking for the best things to do around them, when they need something to do with their kids on the weekend or for when they’re planning date night,” he said.Groupon also named two new board members: Valerie Mosley, CEO of Valmo Ventures LLC, and Helen Vaid, Pizza Hut’s chief customer officer. And it appointed interim Chief Financial Officer Melissa Thomas to the job permanently. And the board is proposing a reverse stock split at a ratio of between 1-for-10 and 1-for-12.To contact the reporter on this story: Nick Turner in Los Angeles at nturner7@bloomberg.netTo contact the editor responsible for this story: Nick Turner at nturner7@bloomberg.netFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Benzinga

    Groupon Plunges On Q4 Miss, Exit From Goods, Focus On Experiences, Proposed Reverse Stock Split

    Groupon Inc (NASDAQ: GRPN) reported fourth-quarter earnings of 7 cents per share Tuesday, missing the analyst consensus estimate of 15 cents by 53.33%. The e-commerce platform reported quarterly sales of $612.3 million, missing the analyst consensus estimate of $709.35 million by 13.68%. Groupon's board has approved a reverse stock split at a ratio between 1-for-10 and 1-for-12, the company said.

  • Business Wire

    Groupon Adds Valerie Mosley and Helen Vaid to Board of Directors; Announces Melissa Thomas as Chief Financial Officer

    Groupon has added Valerie Mosley and Helen Vaid to the company's Board of Directors and named Melissa Thomas as Chief Financial Officer.

  • Business Wire

    Groupon Reports Q4 and Full-Year 2019 Earnings

    Groupon released its fourth-quarter and full-year 2019 financial results and published its quarterly stockholder letter on Feb. 18, 2020.

  • Business Wire

    Valentine’s Day Survey: Most Parents Haven’t Been on a Romantic Date in More Than Three Years

    Most parents haven't been on a date since 2017, according to a new Valentine's Day survey from local experiences marketplace Groupon.

  • Business Wire

    Groupon to Announce Fourth Quarter 2019 Financial Results on February 18, 2020

    Groupon will report Q4 2019 financial results on Feb. 18 after the close of trading and will hold a conference call to discuss the results on Feb. 19.

  • Groupon (GRPN) to Report Q4 Results: Wall Street Expects Earnings Growth
    Zacks

    Groupon (GRPN) to Report Q4 Results: Wall Street Expects Earnings Growth

    Groupon (GRPN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Business Wire

    Groupon Appoints Richard Merage of MIG to Serve as Board Advisor

    Groupon has entered into an agreement with MIG Capital where Richard Merage will serve as an advisor to the Groupon Board.

  • Investors Who Bought Groupon (NASDAQ:GRPN) Shares Five Years Ago Are Now Down 59%
    Simply Wall St.

    Investors Who Bought Groupon (NASDAQ:GRPN) Shares Five Years Ago Are Now Down 59%

    Groupon, Inc. (NASDAQ:GRPN) shareholders should be happy to see the share price up 27% in the last month. But that is...

  • Groupon (GRPN) in Focus: Stock Moves 7.5% Higher
    Zacks

    Groupon (GRPN) in Focus: Stock Moves 7.5% Higher

    Groupon (GRPN) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

  • Groupon taps TBWA/Chiat/Day New York as new ad agency of record
    American City Business Journals

    Groupon taps TBWA/Chiat/Day New York as new ad agency of record

    The New York ad shop is expected to debut its first work for the Chicago online deals company later in the first half of 2020.

  • Business Wire

    Groupon Names TBWA\Chiat\Day New York Creative Agency of Record

    Groupon has selected TBWA as its creative agency of record to help the company continue transforming its business into an experiences marketplace.

  • The top Chicago tech hires in December
    American City Business Journals

    The top Chicago tech hires in December

    Mobile Doorman and Boeing were among the biggest tech hires and promotions in Chicago over the past month.

  • Are Investors Undervaluing Groupon, Inc. (NASDAQ:GRPN) By 42%?
    Simply Wall St.

    Are Investors Undervaluing Groupon, Inc. (NASDAQ:GRPN) By 42%?

    How far off is Groupon, Inc. (NASDAQ:GRPN) from its intrinsic value? Using the most recent financial data, we'll take...

  • Barrons.com

    Groupon Has a New Activist Investor. He’s the Founder of the Company That Invented Hot Pockets.

    The filing said MIG may “from time to time engage in discussions with management and the board of directors,” and could make proposals on the “capitalization, ownership structure, board composition or operations” of the company, and could buy more shares. Merage is seeking a seat on Groupon’s board. “Groupon has been in dialogue with MIG Capital and is aware of its interest in having Richard Merage, Portfolio Manager and CEO of MIG, join the Groupon Board of Directors,” the company said in a statement.

  • Forget MELI, Buy These 3 E-commerce Stocks Instead for 2020
    Zacks

    Forget MELI, Buy These 3 E-commerce Stocks Instead for 2020

    MercadoLibre (MELI) is currently plagued with rising expenses, which makes it an unsuitable investment pick. Instead investors can consider these three e-commerce stocks with strong fundamentals.

  • From IPOs to indictments: The top Chicago tech stories of 2019
    American City Business Journals

    From IPOs to indictments: The top Chicago tech stories of 2019

    From Chicago's first VC-backed tech IPO in years to the latest twist in the Outcome Health saga, we're recapping some of the biggest tech news headlines this year.

  • GuruFocus.com

    Stocks That Fell to 3-Year Lows in the Week of Dec. 20

    PLDT, Simon Property Group, Groupon and Taubman Centers present buying opportunities Continue reading...

  • 7 Stocks to Ride the Millennial Spending Wave
    Zacks

    7 Stocks to Ride the Millennial Spending Wave

    With millennials as brand advocates, companies can cash in on a whole range of opportunities, in terms of product innovation and service offerings.

  • 5 Losing Stocks From 2019 to Rebound Next Year
    Zacks

    5 Losing Stocks From 2019 to Rebound Next Year

    The positive sentiment witnessed by Wall Street in 2019 might be prevalent in 2020 as well owing to multiple tailwinds.

  • Groupon picks new chief technology officer from Enova
    American City Business Journals

    Groupon picks new chief technology officer from Enova

    Online deals company Groupon has hired Enova International's John J. Higginson as chief technology officer.