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Groupon Inc (GRPN) [hlAlert]

Rating:
Underperform
GRPN
up 2.80 %

Groupon Inc (GRPN) rated Underperform by BofA/Merrill

Posted on: Thursday,  Feb 28, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform Groupon Inc (NASDAQ: GRPN) on 02/28/2013, when the stock price was $4.40. Since
then, Groupon Inc has lost 2.73% as of 11/04/2015's recent price of $4.28.
If you would have followed this BofA/Merrill's recommendation on GRPN, you would have gained 2.8% of your investment in 979 days.

Groupon, Inc. (Groupon) is a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount. Each day the Company e-mails its subscribers discounted offers for goods and services that are targeted by location and personal preferences. Consumers also access its deals directly through its Websites and mobile applications. The Company operates in two segments: North America, which represents the United States and Canada; and International, which represents the rest of its global operations. Customers purchase Groupons from the Company and redeem them with its merchants. As of September 30, 2011, the Company featured deals from over 190,000 merchants worldwide across over 190 categories of goods and services. Groupon primarily addresses the worldwide local commerce markets in the leisure, recreation, foodservice and retail sectors.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/28/2013 8:25 AM Sell
None
4.40
as of 12/13/2013
1 Week down  -12.65 %
1 Month up  0.58 %
3 Months up  12.40 %
1 YTD down  -132.72 %

(*) Stock Price at the time of the recommendation.
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