Groupon Still The King of Daily Deals
Groupon Still The King of Daily Deals - CWEB.com By: Leslie Cohen Managing Editor Strong growth in and platform initiatives raises full year 2018 adjusted ebitda outlook gross profit of $324.9 million net loss from continuing operations of $2.8 million adjusted ebitda of $52.6 million gaap loss per diluted share of $0.01. 61.90% of Groupon Shares are owned by institutional investors. Strong institutional ownership indicates big money managers and hedge funds believe that a company is poised for long-term growth. The number of shares currently selling short amount to 8.6% of shares outstanding with an uptick of 3.23% last month. Groupon is down 6.08 this year, but Wall Street is bullish on the stock. The analysts that cover Groupon have a buy equivalent rating on it. Analysts are suggesting a 17-point percentage game recent close. Vanguard Group Inc., which owns 34,432,805 shares of the stock are valued at $159.77 million. The third l...