Groupon Surges on Q1 Earnings Results
May 08, 2013 at 18:19 PM EDT
Daily deals site Groupon (NASDAQ: GRPN ) released its fiscal first-quarter results after the closing bell on Wednesday. The company reported earnings per share that were in-line with Wall Street estimates and revenue that was above consensus. In late trade, the stock was last up 12 percent to $6.25.
