Groupon traded at $16.57 this Wednesday June 17th, decreasing $0.69 or 4.00 percent since the previous trading session. Looking back, over the last four weeks, Groupon lost 2.13 percent. Over the last 12 months, its price fell by 55.25 percent. Looking ahead, we forecast Groupon to be priced at 16.66 by the end of this quarter and at 15.67 in one year, according to Trading Economics global macro models projections and analysts expectations.
Groupon, Inc. is a global scaled two-sided marketplace that connects consumers to merchants. The Company enables consumers to access its marketplace through its mobile applications and its Websites, through localized groupon.com sites in various countries. The Company operates through two segments: North America and International. The Company offers goods and services through its online marketplaces in three categories: Local, Goods and Travel. Its Local category includes offerings from local and national merchants, which includes things to do, beauty and wellness, and dining. Its Goods category offers merchandise across multiple product lines, including electronics, sporting goods, jewelry, toys, household items and apparel. Through Its Travel category, it features travel offers at both discounted and market rates, including hotels, airfare and package deals covering both domestic and international travel.