Should I Buy Groupon Stock Right Now?

by | Last updated on January 24, 2024

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If you are looking for stocks with good return, Groupon Inc can be a profitable investment option . Groupon Inc quote is equal to 21.230 USD at 2021-09-15. ... With a 5-year investment, the revenue is expected to be around +511.72%.

Is Grpn a buy or sell?

Zacks Rank Definition Annualized Return 1 Strong Buy 25.60% 2 Buy 19.21% 3 Hold 10.85% 4 Sell 6.62%

Why is Groupon stock down?

It's been a bad couple of weeks for Groupon. On Aug. 5, the company reported disappointing earnings results, with sales falling 33% in the recent quarter. ... The CMA has been investigating the company for possible violations to consumer protection law in the U.K. since April 2021.

Is PCVX a good stock to buy?

Out of 3 analysts, 3 (100%) are recommending PCVX as a Strong Buy , 0 (0%) are recommending PCVX as a Buy, 0 (0%) are recommending PCVX as a Hold, 0 (0%) are recommending PCVX as a Sell, and 0 (0%) are recommending PCVX as a Strong Sell. What is PCVX's earnings growth forecast for 2021-2023?

Is Groupon stock a good investment?

If you are looking for stocks with good return, Groupon Inc can be a profitable investment option . Groupon Inc quote is equal to 21.230 USD at 2021-09-15. ... With a 5-year investment, the revenue is expected to be around +511.72%.

How did Groupon fail?

After its overheated IPO and first incarnation, Groupon positioned itself as a matchmaker between customers wanting deals and vendors in search of new customers, and it “did not do very well with that, either,” Clemons says. ... Shops were driven into bankruptcy because Groupon sold thousands of items below cost .

Who bought Groupon?

On November 30, 2010, it was reported that Google offered $5.3 billion with a $700 million earnout to acquire Groupon and was rejected on December 3, 2010. After the rejection of the Google/Groupon buy-out, Groupon proceeded with their own initial public offering.

How can I buy Coupang stock?

  1. Step 1: Choose your broker. ...
  2. Step 2: Transfer funds to your account. ...
  3. Step 3: Decide how much you want to invest. ...
  4. Step 3: Choose between direct share purchase or ETFs. ...
  5. Step 4: Set up your order. ...
  6. Step 6: Place the order. ...
  7. Step 7: Track share performance.

What is the catch with Groupon?

The only catch is the time-limited nature of the Groupon discounts . With some deals, once a deal is announced and posted on the site, it's relevant for 24 to 72 hours, after which the discount is no longer available.

What happened Groupon 2020?

In May, the company put up for sublease 150,000 square feet of space at its headquarters at 600 W. Chicago Ave. For the first nine months of 2020, Groupon lost more than $300 million , compared with $91 million in the year-ago period.

Is Groupon in financial trouble?

Groupon, Inc. operates a marketplace that connects consumers to merchants. The US$1.1b market-cap company's loss lessened since it announced a US$288m loss in the full financial year, compared to the latest trailing-twelve-month loss of US$60m, as it approaches breakeven.

Why is Groupon so cheap?

Groupon can offer such steep discounts because it guarantees business owners a minimum return on their investment and the possibility of becoming an overnight sensation . Groupon claims that its service is a win-win for both businesses and consumers, but there are some disadvantages.

How reliable is Groupon?

Groupon is definitely a legit company . It was founded in 2008, and since then, has grown to serve almost 50 million active users. Very few people have issues using these online coupons due to the fact that as soon as a fraudulent offer is revealed by one user, it would be removed instantly.

Does Groupon exist anymore?

Groupon's 10-year run as an independent company could be coming to an end. ... Today, Groupon is valued at just $2.4 billion after a years-long decline in the daily deals category; Groupon acquired its principal competitor LivingSocial for $0 in 2016.

How do you get your money back from Groupon?

  1. Login to your account on the Groupon website.
  2. Click on My Groupons.
  3. Select View Details option next to your order.
  4. Click Return Package.
  5. Print your prepaid mailing label and attach it to your package.
  6. Ship the item back to Groupon.
Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.