Groupon Inc
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Consumer Discretionary : Internet & Direct Marketing Retail | Small Cap Value
Company profile

Groupon, Inc. operates online local commerce marketplaces around the world that connect merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, and the Middle East and Africa, and the remainder of its international operations (Rest of World). It offers goods and services in three primary categories: Local Deals (Local), Groupon Goods (Goods) and Groupon Getaways (Travel). Its Local category includes offerings from local and national merchants, as well as local events. Its Goods category offers customers the ability to find deals on merchandise across various 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.

Closing Price
$25.40
Day's Change
0.49 (1.97%)
Bid
--
Ask
--
B/A Size
--
Day's High
27.55
Day's Low
25.04
Volume
(Heavy Day)
Volume:
8,097,151

10-day average volume:
5,716,891
8,097,151

UPDATE: Shares of cruise operators and hotel chains slide as trips are canceled and Europe ban weighs

10:19 am ET March 12, 2020 (MarketWatch)
Print

Shares of cruise operators and hotel chains were sharply lower Thursday, as investors digested news of a temporary ban on flights from Europe and after Carnival Corp. said its Princess Cruises ships will halt all cruises for 60 days. Both moves are part of a broader effort to contain the coronavirus that causes COVID-19. Norwegian Cruise Line Holdings Ltd. (NCLH) was down 31.5% to lead S&P 500 decliners. Royal Caribbean Cruises Ltd. (RCL) was down 26% and was second biggest decliner on the index. Carnival Corp. was down 18%. In the hotel sector, Marriott International Inc. (MAR) was down 7.1% and Hilton Worldwide Holdings Inc. (HLT) was down 10.3%. Hyatt Hotels Corp. (H) was down 15%, Summit Hotel Properties Inc. (INN) was down 15% and Host Hotels & Resorts Inc. (HST) was down 13%. Bernstein said U.S. hotel revenue per available room data for the latest week to March 9 showed the first signs of the impact the virus is having on occupancy, which was down 7.3% to 61.8%, while RevPAR was down 11.6%. California showed the greatest decline as it was one of the first regions to report cases. The S&P 500 was down 7% and the Dow Jones Industrial Average was down 7.7%.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

March 12, 2020 10:19 ET (14:19 GMT)

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