Groupon, Inc. (symbol: GRPN) was one of the biggest winners of the trading
day today (2016-04-04), gaining 9.44%. The number of shares that changed
hands was 28,642,077, or about 2.0 times the average daily volume in the
stock.
The closing price was $4.29, amounting to a market cap of $2,520,000,000,
about -43.1% off the highest price in the last 12 months. The stock has
been trading at a range between $2.15 and $7.54.
GRPN is in the Advertising industry, part of the Technology sector. It
first went public in 2011.
Looking at its valuation, the stock is now trading at 134.06 times earnings.
No comments:
Post a Comment