Groupon Shares Down 10% on No Black Friday Deals

Groupon (NASDAQ:GRPN) shares are taking a beating today. Punishment comes as investors fear Groupon may not properly navigate the critical holiday shopping season.

Groupon has also decided to challenge the norm by not running any Black Friday or Cyber Monday specials unlike its competitor, LivingSocial (NASDAQ:AMZN). Groupon plans to run deals on unique, “once in a lifetime” experiences such as tickets to The Ellen DeGeneres Show, cooking lessons and horseback riding.

Here’s how daily deal stocks are trading now:

  • Groupon, Inc. (NASDAQ:GRPN): GRPN shares recently traded at $21.28, down $2.3, or 9.75%. Its market capitalization is $13.57 billion. They have traded in a 52-week range of $20.03 to $31.14. Volume today was 3,328,081 shares versus a 3-month average volume of 6,838,320 shares. The company’s trailing earnings are $-2.17 per share. About the company: Groupon advertises a daily deal, typically a half-off coupon for anything from a local restaurant or retail store to a hotel or spa; if enough consumers buy the coupon online by midnight, the deal is on and the featured business can achieve a nice chunk in sales. Get the most recent company news and stock data here >>
  • Amazon.com Inc. (NASDAQ:AMZN): AMZN shares recently traded at $189.47, up $0.22, or 0.12%. Its market capitalization is $86.16 billion. They have traded in a 52-week range of $160.59 to $246.71. Volume today was 5,496,965 shares versus a 3-month average volume of 6,782,400 shares. The company’s trailing P/E is 99.88, while trailing earnings are $1.90 per share. About the company: Amazon.com, Inc. is an online retailer that offers a wide range of products. The Company’s products include books, music, videotapes, computers, electronics, home and garden, and numerous other products. Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers. Get the most recent company news and stock data here >>
  • Google Inc. (NASDAQ:GOOG): GOOG shares recently traded at $582.62, up $1.68, or 0.29%. Its market capitalization is $188.70 billion. They have traded in a 52-week range of $473.02 to $642.96. Volume today was 1,432,702 shares versus a 3-month average volume of 3,223,830 shares. The company’s trailing P/E is 19.86, while trailing earnings are $29.34 per share. About the company: Google Inc. is a global technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches. Get the most recent company news and stock data here >>

Investing Insights: LinkedIn Unlocked, Shares Down 6.6%.

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