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Fly News Breaks for June 3, 2015
GRPN
Jun 3, 2015 | 13:02 EDT
B. Riley intraday downgraded Groupon to Neutral from Buy with a $7 price target. The firm believes the resignation of CFO Jason Child and a potential lower valuation for the company's Asian assets warrant stepping to the sidelines. Shares of the daily deals website are up 1c to $6.04 in afternoon trading.
News For GRPN From the Last 2 Days
GRPN
Apr 17, 2024 | 12:46 EDT
Bullish option flow detected in Groupon with 5,357 calls trading, 1.6x expected, and implied vol increasing almost 4 points to 115.04%. May-24 9 puts and Apr-24 11 calls are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.61. Earnings are expected on May 8th.
