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Groupon, Inc. - $GRPN STOCK NEWS

Welcome to our dedicated page for Groupon news (Ticker: $GRPN), a resource for investors and traders seeking the latest updates and insights on Groupon stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Groupon's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Groupon's position in the market.

Rhea-AI Summary

Groupon, Inc. (NASDAQ: GRPN) announced Dusan Senkypl as the permanent CEO, with a successful track record and experience in building internet products. Senkypl aims to lead Groupon to sustainable growth and enhance the local experiences and services offered by the company.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
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Rhea-AI Summary

Groupon, Inc. (NASDAQ: GRPN) will release its first quarter 2024 financial results on May 9, 2024, after the market closes. The company will conduct a conference call at 5:00pm ET to discuss the results. A webcast of the call will be available on investor.groupon.com, with a replay accessible afterward.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
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Rhea-AI Summary
Groupon, Inc. (NASDAQ: GRPN) reported fourth-quarter results exceeding guidance, with positive operating cash flow of $55 million and free cash flow of $51 million. Despite a 3% decline in North America segment revenues excluding Goods category, the company showcased improved financial performance, resolving its going concern issue.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-30.71%
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Rhea-AI Summary
Groupon, Inc. (GRPN) plans to unveil its Q4 and full-year 2023 financial results on March 15, 2024. An earnings call will follow at 8:00am ET, accessible via a webcast on investor.groupon.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
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Rhea-AI Summary
Groupon, Inc. successfully closed an $80.0 million rights offering, oversubscribed by Pale Fire Capital SICAV a.s. and other stockholders, resulting in the purchase of 7,079,646 shares of Common Stock. The Company plans to use the proceeds for general corporate purposes, including debt repayment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.45%
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News
Rhea-AI Summary
Groupon, Inc. (NASDAQ: GRPN) expects to report 4Q23 financial results close to, or above, the high-end of guidance. The company reaffirms its preliminary 2024 outlook, with year-end cash & cash equivalents of approximately $141 million. Groupon is an internet marketplace focused on local services & experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.78%
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none
Rhea-AI Summary
Groupon, Inc. (GRPN) has commenced an $80.0 million fully backstopped rights offering, with the company intending to use the proceeds for general corporate purposes, including debt repayment. All holders of record of its common stock will receive non-transferable basic subscription rights to purchase 0.222257 shares of Common Stock at a subscription price of $11.30 per share. The Rights Offering will expire on January 17, 2024, and is fully backstopped by Pale Fire Capital SICAV a.s. The offering includes an over-subscription privilege, and the shares of Common Stock will be listed for trading on the Nasdaq under the symbol 'GRPN'.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
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Rhea-AI Summary
Groupon, Inc. (NASDAQ: GRPN) announced an $80.0 million fully backstopped rights offering available to all holders of record of the Company's common stock. The Rights Offering will be made at a subscription price of $11.30 per share and is expected to commence after the Record Date and expire on January 10, 2024. The offering is fully backstopped by Pale Fire Capital SICAV a.s. and the Company intends to use the proceeds for general corporate purposes, including debt repayment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-34.86%
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Rhea-AI Summary
Groupon, Inc. (NASDAQ: GRPN) announces sequential improvement in Adjusted EBITDA, Free Cash outflow, and year-over-year revenue decline. The company also returned to Local Billings year-over-year growth and plans to strengthen liquidity position by approximately $100 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-34.86%
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Rhea-AI Summary
Groupon to release Q3 2023 financial results and host conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.62%
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Groupon, Inc.

Nasdaq:GRPN

GRPN Rankings

GRPN Stock Data

427.70M
21.17M
16.58%
80.63%
10.63%
Advertising Agencies
Professional, Scientific, and Technical Services
Link
United States of America
CHICAGO

About GRPN

groupon provides a global marketplace where people can buy just about anything, anywhere, anytime. we’re enabling real-time commerce across an expanding range of categories including local businesses, travel destinations, consumer products, and live or lively events. at the same time, we are providing advertising options and tools that merchants can use to grow and manage their businesses. culturally, we believe that great people make great companies and that starting with the customer and working backward moves us forward. community matters to us on an internal, local and global scale—it’s fundamental to our company’s growth and to the well-being of the world at large. we also value self-awareness, candor, lunch and wifi. if we match with you, please apply to join us.