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Fly News Breaks for December 23, 2019
GRPN
Dec 23, 2019 | 06:40 EDT
Ascendiant analyst Edward Woo lowered his price target for Groupon to $3.25 from $4.25 while maintaining a Buy rating on the shares. The analyst acknowledges that Groupon may continue to trade in a "volatile range," but he believes the current valuation presents a favorable risk/reward based on the company's growth potential. Groupon's "solid" outlook for 2020 EBITDA should offset some skepticism on its near and long term profitability, Woo tells investors in a research note.
News For GRPN From the Last 2 Days
GRPN
Apr 19, 2024 | 13:26 EDT
Bullish option flow detected in Groupon with 8,232 calls trading, 3x expected, and implied vol increasing over 2 points to 117.96%. Jun-24 12 calls and May-24 13 calls are the most active options, with total volume in those strikes near 4,100 contracts. The Put/Call Ratio is 0.02. Earnings are expected on May 8th.