Will Groupon follow Twitter’s lead and see the stock soar after the company reports results today?? Sameet Sinha, a senior research analyst at B. Riley & co. said in a phone interview with Bloomberg, “…a little bit of good news, a good quarter, good guidance, could send Groupon stock up.? Whether that’s going to be sustainable, that’s going to depend on performance going forward.”
Groupon rallied 8.7 percent to $7.02 yesterday, the most since November.? Shares fell 1.9 percent to $6.89 at 9:59 a.m. in New York. Among calls with with a strike price of $7, the ones expiring this week had the highest trading volume.
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