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Groupon Inc (GRPN) [hlAlert]

up 379.20 %

Groupon Inc (GRPN) rated Sell with price target $5 by Ascendiant Capital Markets

Posted on: Thursday,  May 9, 2013  8:25 AM ET by Ascendiant Capital Markets

Ascendiant Capital Markets rated Sell Groupon Inc (NASDAQ: GRPN) on 05/09/2013. Previously Ascendiant Capital Markets rated Sell Groupon Inc (NASDAQ: GRPN) on
01/24/2012., when the stock price was $20.51. Since then, Groupon Inc has lost 79.13% as of 11/04/2015's recent price of $4.28.
If you would have followed the previous Ascendiant Capital Markets's recommendation on GRPN, you would have gained 379.2% of your investment in 1380 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.

Ascendiant Capital Markets is led by George Santana, who has nearly twenty years of equity research experience in the United States and foreign markets. During his career, Mr. Santana has been recognized six consecutive times in the Institutional Investor magazine poll of top analysts.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/9/2013 8:25 AM Sell
6.31 5.00
as of 12/13/2013
1 Week down  -12.65 %
1 Month up  0.58 %
3 Months up  12.40 %
1 YTD down  -110.69 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/27/2012 8:25 AM Sell
4.43 3.50
8/14/2012 8:25 AM Sell
5.78 5.00
6/14/2012 8:25 AM Sell
9.38 8.00
4/17/2012 8:25 AM Sell
12.44 11.00
1/24/2012 11:25 AM Sell
20.51 14.00

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