Groupon break out sharply above its 10-day moving average, levels to watch The shares are up over 21% at time of writing, trading well above the 10-day moving average, last at $4.10. A the current price of $4.62, next resistance is at $4.75 and then at $4.86. Support is at $4.59, a pivot high.
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.