Groupon's (NASDAQ: GRPN) stock price shot up over 20% Friday amid rumors that Google might be courting the company as an acquisition candidate. Forbes discounted the rumor as a stupid rumor of the week, calling it, "A rumor so silly that no right-minded person would think it … [Read more...]
Groupon Stock on the Rise
The stock price of daily deal giant Groupon jumped 15% two days after Tiger Global Management (Tiger) revealed a 9.9% stake in the company, bringing the stock price gains for the week to about 30%. This was the second daily gain for Groupon stock after Tiger's public disclosure of its … [Read more...]