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Benzinga
Benzinga
Business
Adam Eckert

Why Groupon Shares Are Trading Higher Today

Groupon

Groupon Inc (NASDAQ:GRPN) is trading higher Monday after Prescience Point Capital Management raised its price target on the stock to $88.17.

Prescience Point said it has obtained new information that suggests the value of the company's stake in European payments company SumUp is worth more than Groupon's entire market cap.

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