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GRPN Stock News

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Why Groupon Stock Is Surging After OrderUp Acquisition (Nasdaq: GRPN)

Groupon Inc. (Nasdaq: GRPN) surprised many traders July 16 with the announcement it will purchase on-demand food ordering firm OrderUp.

Groupon stock traded up 3.4% the day the deal was announced. That added to a 6.82% rise so far this week after an analyst at Macquarie Capital USA Inc. hiked the ratings outlook for Groupon as the company shifts its corporate strategy and refocuses on e-commerce. On Friday, the day after the deal was announced, GRPN stock continued in the green.

Groupon's acquisition of OrderUp shows the firm is committed to providing shareholder value by expanding into a $70 billion market.

Here's a look at why this is a great deal for Groupon investors...

Stocks

Should I Buy GrubHub Inc. (NYSE: GRUB) Stock?

For all the online companies out there, GrubHub Inc. (NYSE: GRUB) stock is certainly one of the better picks.

But those other online companies have really little to be proud of – which leaves investors to wonder, "Should I buy GrubHub stock?"

We break down the company here...