Groupon Cl A

Trading Strategies

You Can Profit from Groupon’s Desperate Big Move

Groupon Inc. made a huge splash when it debuted back in November 2008. Its timing was right on the money: It was a big, new money-saving "get coupons on the Internet" idea that hit consumers just as the worst effects of the 2008 crash were beginning to set in.

The very first deal it offered was a pizza twofer at the Motel Bar, a restaurant downstairs from the Groupon offices in Chicago.

When GRPN stock went public in November 2011 at $28 a share, it was – no kidding – the biggest Internet IPO since Google. It ended its first trading day worth a little more than $16 billion.

The stock went ballistic for a few months, up to an intraday high of around $622. The good times, as we know, didn't really last all that long.

Last week, I was talking about shopping with my wife, and she said, "Hey, remember Groupon?"

That's kind of the problem. And today, I'm going to show you how to make some money on GRPN's downtrend… Full Story

That's kind of the problem. And today, I'm going to show you how to make some money on GRPN's downtrend...


Markets Live Recap: Stocks Today Inched Higher Thanks to Apple

Stocks traded lower to start the week as investors assessed an uptick in coronavirus cases and the pace of the economic recovery.

Shares of American Airlines Group Inc. (NASDAQ: AAL) were 6% lower after the company said it was seeing an additional $3.5 billion in new financing to improve the airlines liquidity as it grapples with travel restrictions caused by the coronavirus.

Apple Inc. (NASDAQ: AAPL) dropped over the weekend after the company announced plans to shut down stores in Florida, North Carolina, South Carolina, and Arizona upon rising levels of COVID-19 in these states. But after announcing it would ditch Intel Corp. (NASDAQ: INTC) to produce its own chips, the stock rallied 2.25% today and lead markets higher.

The S&P 500 finished the day 0.5% higher, the Dow 0.4% higher, and the Nasdaq 0.9% higher.

Here's what our experts - Chris Johnson and Tom Gentile - saw throughout the day, including some of their favorite stocks to trade now...