Groupon's Black Friday growth attributable to Groupon Goods, AllThingsD says Groupon (GRPN) says it saw almost twice the purchase rate on Black Friday of its previous busiest day on record, AllThingsD reports. Essentially all of the growth is attributable to Groupon Goods, the company's physical products division, according to third-party data provider Yipit. 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.