Long Position on GRPN @ $16.25 on 5/17/2024 (Fundamentals)

Groupon, Inc. (GRPN), together with its subsidiaries, operates a marketplace that connects consumers to merchants.

Bullish Flag FormationIt operates in two segments, North America and International.

The company sells goods or services on behalf of third-party merchants. 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.

Entry Point: $16.25

Trading Range: $3.81 - $19.56

Stop Loss: $15.45

Target Price: $17.80

 

Position closed on 5/29/2024 at price of $15.45 with a -4.92% loss in 12 days.

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