Groupon Soars 23% On Favorable Earnings

 Not dead yet, deal site Groupon soared 23% in initial after-hours trading, following a better-than-expected fourth quarter earnings release. The company beat analyst forecasts, bringing in $917 million, instead of the anticipated $846 million, and a 9% year-over-year increase. Adjusted earnings per share was a four cents, whereas Wall Street was expecting zero. This is quite the bright spot… Read More