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Fly News Breaks for June 29, 2017
GRPN
Jun 29, 2017 | 05:30 EDT
B. Riley analyst Sameet Sinha upgraded Groupon to Buy and raised his price target for the shares to $5.50 from $4.20. The analyst expects increased marketing spend to balance profitability and new customer growth. He also believes Groupon's international operations could be $1-plus per share in a sale.
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.
