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Stock Market & Financial Investment News

News Breaks
July 8, 2014
09:52 EDTGRPNGroupon trades higher following upgrade, levels to watch
B. Riley upgraded the shares to Buy and raised its price target to $9.50 earlier today, noting the company is entering a period of easier comps, and is making operational improvements which should drive growth and margin expansion. At the current price of $6.60, the next resistance level is at $6.82 which is the session high. Resistance above the high is at $7.09. Support is at $6.35.
News For GRPN From The Last 14 Days
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December 22, 2014
09:31 EDTGRPNideel said has seen strong December demand, 'huge' Black Friday weekend
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08:05 EDTGRPNGroupon a top pick for 2015, says Brean Capital
Brean Capital said Groupon is a top pick for 2015 as they believe the company will improve gross margins of its Goods effort and sustain growth for its North American Daily Deals. Brean Capital reiterates its Buy rating and raised its price target to $11 from $10 on Groupon shares.
December 17, 2014
13:03 EDTGRPNGroupon 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.
12:59 EDTGRPNCooperman says Groupon not a big position for Omega
12:59 EDTGRPNCooperman says Groupon worth 40%-50% more than current levels
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12:58 EDTGRPNCooperman talks about new position in Groupon
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