Groupon Inc (NASDAQ:GRPN)’s Company And Stock Updates


Dallas, Texas 11/26/2013 (Financialstrend) – Groupon Inc (NASDAQ:GRPN) sends out daily deals, offers and promotions to its subscribers across the country via its daily deals website. Now being the holiday season, there are a large number of such deals available and many retailers, stores and services are offering very attractive deals and discounts to customers.

But the company seems to have goofed up as far as one massage therapists case is concerned. She saw her name appear in a certain current deal on the site. This is disconcerting because she is not a part of that particular business at all. What is even more appalling for her, is that the company continues to run that particular deal despite the fact that she has informed them about the error.

That deal has got indexed on Google and everyone who accessed the site can see that del with  the picture of Kate the massage therapist on it. She has also been getting calls about the same and is very miffed about the entire situation, to say the least.

Monday’s trading

Over Monday’s trading session, Groupon Inc (NASDAQ:GRPN) dropped by 0.55%. The shares opened at a price of $9.11, climbed to the intraday high of $9.21 and headed to a close of $9.07. Around 25.20 million shares were exchanged on Monday and an average-volume of 21.34 million shares were traded over 30 days. The 52-week low of Groupon Inc (NASDAQ:GRPN) shares is $3.70 while the 52-week high stands at $12.76. The company has a market capitalization of $6.04 billion.                                      

About the company

Groupon Inc (NASDAQ:GRPN) is a local online- marketplace. Via this site, it  connects merchants to thousands of consumers and offers goods and services at discounted rates. Every day, it  e-mails subscribers numerous discounted offers for the goods and services that have been targeted via location as well as personal preferences.