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Shares of Groupon (GRPN) are up 62% overall in 2023, but it's the stock's more recent momentum that's really eye-popping. GRPN has more than tripled in value over the last six months - nearly quadrupled, in fact - up 297% over this time frame to value the company at a market cap of $417 million.
Despite these outsized gains, GRPN is trading 97% below its all-time highs, and has burned massive investor wealth over the long term.