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Technology Stocks : Groupon, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (477)	6/14/2020 1:35:35 PM
From: Sr K	Respond to of 480

The chart looks like a perfect lockdown, turning around 3/23. So I posted it to you rather than to more active sites.

To: Glenn Petersen who wrote (477)	8/6/2020 8:26:22 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 480

Groupon stock spikes 30% as financial results top Street view Published: Aug. 6, 2020 at 5:36 p.m. ET By Wallace Witkowski MarketWatch Groupon Inc. GRPN, -0.54% shares soared in the extended session Thursday after the online-coupon company beat Wall Street estimates by a wide margin in the second quarter. Groupon shares rallied 30% after hours, following a 0.5% decline in the regular session to close at $16.45. The company reported a second-quarter loss of $72.1 million, or $2.53 a share, compared with $40.2 million, or $1.42 a share, in the year-ago period. Excluding such items as stock-based compensation, the adjusted loss was 93 cents a share. Revenue declined to $395.6 million from $532.6 million in the year-ago quarter. Analysts surveyed by FactSet had forecast a loss of $2.75 a share on revenue of $183.3 million. Groupon said it would start on a second round of layoffs in August to reduce expenses but did not provide a specific headcount for the phase. Back in April, Groupon said it was cutting or furloughing about 44% of its total workforce by July 2021. marketwatch.com