A fascinating new trend from the last three years has been the emergence of social media. Having created value through serving advertisements on a scale comparable to Google (sort of), companies like Facebook have created all sorts of amazing business opportunities for aggressive … [Read more...]
Groupon Rumored to be Google’s Latest Acquisition Target
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...]
Stocks that Made Headlines on Friday: GRPN, AVP, SWHC, AAPL & NFLX
During Friday’s trading session, we saw several new developments. Apple (NASDAQ: AAPL) was down over 2.6% on fears that a Judge could cut into Apple’s $1 billion award from Samsung. Additionally, shares traded near the dreaded “death cross” which occurs when a stock’s 50 day moving … [Read more...]
Daily Deals Leaders Groupon and LivingSocial Dying Business Model
The future of the daily deals market looks bleak as industry leaders Groupon and LivingSocial each faced serious issues in the past week. “The field is going through some growing pains,” Yipit research firm’s Unaiz Kabani told CNN. Analysts have seen signs of distress for months, … [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...]
