Groupon named Rich Williams as its CEO in November of last year, and the company has shifted its strategy since. Williams admitted that Groupon had scaled too quickly, and he plans to streamline the company and stop chasing low-margin opportunities.
Infosys Ltd ADR (NYSE:INFY) shares went up 0.21% or +0.03 points to reach at $16.60 during the course of session. The stock traded in the range of $16.58 - $16.68 during its most recent trading session.
To say Groupon Inc (NASDAQ:GPRN) stock has big upside potential is a little misleading. It has potential because it doesn't have much else going for it right now… Trading near $3.30 per share, GRPN stock is down 32.3% year-over-year.
Groupon Inc. (GRPN) experienced unusually high volume on Jul. 18, as the stock gained 10.32% to a closing price of $3.85. The stock saw 15.98 million shares trade hands over the course of the day on 37,376 trades.