Long Position on GRPN @ $18.75 on 3/4/2024 (Fundamentals)

Groupon, Inc. (GRPN), together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International.

Upward Trading ChannelThe company sells goods or services on behalf of third-party merchants; and first-party goods inventory.

It serves customers through its mobile applications and websites.

The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. Groupon, Inc. was incorporated in 2008 and is headquartered in Chicago, Illinois.

Please note, this stock reports earnings on Thursday, March 14th.

Entry Point: $18.75

Trading Range: $6.55 - $28.15

Stop Loss: $17.80

Target Price: $20.60

 

Position closed on 3/17/2024 at price of $17.80 with a -5.07% loss in 13 days.

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