24/7 Market News Snapshot 11 March, 2025 – Groupon, Inc.Common Stock (NASDAQ:GRPN)

DENVER, Colo., 11 March, 2025 (247marketnews.com) – (NASDAQ:GRPN) are discussed in this article.
Groupon, Inc. (NASDAQ:GRPN) is currently experiencing a significant upward trajectory in its stock performance, following a bullish trend that saw the shares open at $9.90 and rise to $11.26, marking an impressive increase of approximately 14.59%. A trading volume of 2.49 million shares underscores strong investor demand and confidence in the company’s prospects. This favorable market sentiment may be bolstered by the recent announcement of encouraging financial results, as Groupon reveals its strategic transformation initiatives and the steady recovery of its local marketplace.

For the fourth quarter and the full year ending December 31, 2024, Groupon reported stable Local Revenue in North America alongside an 8% increase in Local Billings, signaling a robust recovery and momentum as the company looks towards 2025. Further, Groupon achieved a notable positive operating cash flow of $55.9 million, coupled with $40.6 million in Free Cash Flow for the trailing twelve months—an impressive turnaround since the pandemic’s challenges.

Dusan Senkypl, Chief Executive Officer, stated, “Our team has worked diligently to drive our transformation strategy, and I am thrilled to report that we have successfully shifted North America Local back into growth.” He emphasized that after facing difficulties in the third quarter, the company has rebounded strongly in the last quarter of the year, positioning itself favorably for the future.

With the filing of its Form 10-K with the Securities and Exchange Commission, accompanied by detailed earnings commentary and an updated presentation on its investor relations website, Groupon is committed to enhancing value for its consumers and partners. The company remains focused on leveraging its improved standing to foster growth and drive enriching experiences within its marketplace. Stakeholders and interested parties are encouraged to explore more of Groupon’s strategic vision and recent performance through its Investor Relations platforms.

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