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Stock impact report

GROUPON ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Groupon, Inc. and Encourages Investors to Contact the Firm

Groupon, Inc. (GRPN) 
Last groupon, inc. earnings: 2/18 04:09 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.groupon.com/investor-relations
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, announces that a class action lawsuit has been filed in the United States District Court for the Northern District of Illinois on behalf of investors that purchased Groupon, Inc. (NASDAQ: GRPN) securities between November 4, 2019 and February 28, 2020 (the “Class Period”). Investors have until June 29, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.Click here to participate in the action.On February 18, 2020, Groupon reported fourth quarter 2019 sales of $612.3 million, a nearly 23% decline over the prior year period. The Company’s adjusted EBITDA for fiscal 2019 was reported at $227.2 million, a significant miss from its November 2019 forecast of $270 million. Groupon also announced a “transformational plan to exit Goods” in North America by the third quarter and globally by the end of the year.On this news, the Company’s share price fell $1.35 Show less Read more
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