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Stocks to Watch: Doximity, Illumina, Groupon

By Ben Glickman Doximity lifted its full-year outlook for revenue and adjusted earnings before interest, taxes, depreciation and amortization with fiscal...

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Plug Power, Trade Desk, Doximity, Unity Software, Wynn, and More Market Movers

Plug Power reports a third-quarter loss wider than a year earlier and revenue that misses analysts' expectations, while Trade Desk's outlook for the fourth...

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Groupon, Inc. (NASDAQ:GRPN) Q3 2023 Earnings Call Transcript

Groupon, Inc. (NASDAQ:GRPN) Q3 2023 Earnings Call Transcript November 9, 2023 Operator: Hello and welcome to Groupon’s Third Quarter 2023 Financial Results Conference Call. On the call today are our Interim CEO, Dusan Senkypl; and CFO, Jiří Ponrt; and Senior Vice President Corporate development and Investor Relations, Rana Kashyap. At this time, all participants are […]

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Groupon Stock Craters After Earnings. The Turnaround Is Taking Longer Than Hoped.

Groupon (ticker: GRPN) has been trying to turn around its business, and it seems clear that will take longer than investors had hoped. Groupon share are down...

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Groupon 3Q Loss Narrows Following Cost-Cutting

By Ben Glickman Groupon logged a narrower loss but sales fell in the third quarter after the company made progress on cost-cutting initiatives. The...

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Groupon Down 25% After Hours

By Josh Beckerman Groupon shares were recently down 25% to $10.18 after hours as the company reported news including third-quarter results. Revenue was...

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Groupon (GRPN) Set to Announce Earnings on Thursday

Groupon (NASDAQ:GRPN – Get Free Report) is set to announce its earnings results after the market closes on Thursday, November 9th. Analysts expect the company to announce earnings of ($0.16) per share for the quarter. Groupon (NASDAQ:GRPN – Get Free Report) last announced its earnings results on Wednesday, August 9th. The coupon company reported ($0.30) […]

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SumUp's valuation falls as low as $4.1B, as Groupon and others sell off their stakes

Adyen lost $13 billion in market cap last month when investors scrambled to sell shares after the payments company missed quarterly revenue targets. Shares in SumUp, a privately-held European payment technology business that focuses on point-of-sale transactions, are currently being sold in inside sales (to other existing investors in the company) at a valuation that might be as low as $4.1 billion -- a drop of nearly 52% on SumUp's previous valuation of $8.5 billion, achieved when it raised $624 million in June 2022. Several of SumUp's investors are selling off shares, but the news was made public by just one: Groupon, which is traded in the U.S. on Nasdaq, disclosed the transaction in an SEC filing.

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