The Latest Breaking News from GRPN

With an increasing reliance on the internet woven into our daily lives, the internet industry is poised for significant growth. Amid such heightened demand, both Amazon.com (AMZN) and Groupon, Inc. (GRPN) stand to benefit from industry tailwinds. However, which stock presents a more compelling investment opportunity? Let’s find out….

Sell-rated Groupon stock is up 297% in the last six months. But is this longer-term laggard a tech stock worth buying right now?

While the internet industry is growing amid the rapid digitization trends, the high inflation and consecutive rate hikes could mar its optimal performance in the near term. Therefore, internet stocks Farfetch (FTCH), ContextLogic (WISH), and Groupon (GRPN) could be best avoided in 2023, given their weak fundamentals. Keep reading.

Following the pandemic-induced disruptions, the importance of the Internet and the companies offering their services over the Internet has grown exponentially. However, not all companies in the internet industry have shown resilience amid the macroeconomic challenges this year. Investors should steer clear of fundamentally weak internet stocks Snap (SNAP), ContextLogic…