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Benzinga
Benzinga
Business
Avi Kapoor

Why Groupon Shares Are Trading Higher By Around 28%; Here Are 20 Stocks Moving Premarket

Groupon

Shares of Groupon, Inc. (NASDAQ:GRPN) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY25 sales guidance.

Groupon reported quarterly earnings of 25 cents per share which beat the analyst consensus estimate of a loss of 1 cent per share. The company reported quarterly sales of $125.702 million which beat the analyst consensus estimate of $122.456 million.

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