Is Groupon stock a good investment?

Is Groupon stock a good investment?

If you are looking for stocks with good return, Groupon Inc can be a profitable investment option. Groupon Inc quote is equal to 22.890 USD at 2021-11-29. With a 5-year investment, the revenue is expected to be around +382.3%. Your current $100 investment may be up to $482.3 in 2026.

Why did Groupon stock fall?

It’s been a bad couple of weeks for Groupon. On Aug. 5, the company reported disappointing earnings results, with sales falling 33% in the recent quarter. The CMA has been investigating the company for possible violations to consumer protection law in the U.K. since April 2021.

What is the highest Groupon stock has ever been?

Groupon – Stock Price History | GRPN

• The all-time high Groupon stock closing price was 523.80 on November 18, 2011.
• The Groupon 52-week high stock price is 64.69, which is 204.1% above the current share price.
• The Groupon 52-week low stock price is 19.00, which is 10.7% below the current share price.

Why did Groupon stock go up?

What happened. Shares of Groupon (NASDAQ:GRPN) climbed today, up by 5% as of 11 a.m. EDT, after getting a bullish vote of confidence from Wall Street. Ascendiant Capital boosted its price target on Groupon stock, pointing to economic recoveries.

Is Groupon going to be sold?

The daily deals site no longer wants to be in the business of selling physical goods. “We believe our plan to exit goods will allow us to dedicate the focus and resources necessary to build a winning position as the purchase of experiences continues to migrate online,” said Groupon’s CEO Rich Williams in a statement.

Is Groupon publicly traded?

Initial public offering On June 2, 2011, Groupon filed to go public under the ticker symbol GRPN. The company went public on November 4, 2011. It was the biggest IPO by an Internet company since Google in 2004.

How is Groupon doing financially?

Groupon, Inc. operates a marketplace that connects consumers to merchants. The US$1.1b market-cap company’s loss lessened since it announced a US$288m loss in the full financial year, compared to the latest trailing-twelve-month loss of US$60m, as it approaches breakeven.

Is Groupon still popular?

Number of Groupon active customers 2009-2021 As of the second quarter of 2021, the daily deal site Groupon had 24.9 million unique customers who had bought at least one of Groupon’s deals during the trailing 12 months.