Groupon's positive Q1 cash flow aided by unpaid accounts payable, BI says Groupon (GRPN) had positive cashflow in Q1 largely because it has $46M in unpaid accounts payable to merchants and another $13.4M in unpaid bills to support vendors and that positive cashflow can only continue if the company's revenues keep rising, according to Business Insider. Reference Link
Groupon jumps 5% after positive mention by Leon Cooperman Shares of Groupon are trading higher after Leon Cooperman of Omega Advisors said on CNBC that his firm believes shares are worth 40%-50% more than current trading levels. Cooperman added that the provider of coupons is not a large holding for Omega. Groupon shares are up 5%, or 32c, to $7.15 in afternoon trading.