initial public offerings (IPOs) trading on American exchanges

Monday, May 14, 2012

Bought GRPN before earnings (today after market close)

After hours: Groupon (GRPN) rallied 13% to $13.23. The company posted a first-quarter profit of 2 cents a share, exceeding the average analyst estimate of 1 cent. The Chicago-based company also forecast revenue in the second quarter will be as much as $590 million, beating the $558.7 million projected by analysts.

** weekly **

No comments:

Post a Comment