I didn't see this coming. $GRPN up huge today and then again after hours on earnings and forward projections.
Yeah, 50% off on a day spa massage leads to big returns.
So the stock rallied 19% during the day and about 12% after hours last I looked.
When I heard that the company was reporting today, my first thought was "Look out below!" Yeah, contrarian alert. The exact opposite happened!
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Groupon jumps 12% on narrowing losses
CNN MONEY | MAY 14, 2012
http://pulse.me/s/9fdxB
Groupon reports a narrower loss, better-than-expected sales and an optimistic outlook, giving investors hope that the worst is behind the company... Read more
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Sent via Pulse
Monday, May 14, 2012
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