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Fly News Breaks for June 25, 2015
GRPN
Jun 25, 2015 | 07:15 EDT
Brean Capital believes shares of Groupon are oversold at current levels and views the company story as compelling. The firm said investors should take advantage of the discount, as the company's story has been strengthened with the release of its Apple Watch app. Brean Capital reiterated its Buy rating and $11 price target on Groupon shares.
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.
