Groupon Shares Up 1.5% on Ticket Monster Rumors

Snapdeals in 5,000 Cities and Towns in India

Groupon Trending Down Heading into 2015

Groupon Shares Shoot up 24% – Speculation that Google may Consider Making another Play for the Daily Dealer

groupon, google, dailydealmedia.comThe Wall Street Journal reported that Groupon shares rose 24% to $4.73 in today’s trading. If you’re wondering what brought on this rise in the daily deal provider’s stock, WSJ says there was no substantial news to trigger the move.

John Letzing, reporter at Dow Jones Newswires said, “Short interest in Groupon is high, at more than 20%, raising the possibility that some short sellers have simply decided to take their profits now and buy shares to close out their position. Groupon, which has struggled to gain much investor confidence since going public, has been a heavily shorted stock.

But later reports from Bloomberg say there is speculation that Google may be considering a play for Groupon again:

The stock plunge since the IPO may spark renewed takeover interest from Google, which had considered acquiring Groupon for $6 billion the year before its public market debut, people familiar with the matter said at the time. Now that Groupon has lost half its market value, Google might take another look, said Tom Forte, an analyst at Telsey Advisory Group.

Where the stock is currently trading, it’s a takeout candidate,” Forte said. “If Google was interested at $6 billion, I think it’s a possibility.

Read More: Groupon Profile

The Wall Street Journal

Krissa Ashton

DDM Reports
The 2014 Edition of the DDM Daily Deal Publisher Directory is the most comprehensive contact list for daily deal sites, flash retailers, aggregators and individuals operating in the daily deal industry. Each record includes the following: - Company Name - Website - Contact Name - Contact Title - Email - Phone - Address (not all records contain a full mailing address)
The 2013 Media List is a comprehensive database of all major media, bloggers and product/app review websites. If you're looking for PR distribution, this is a great list to begin with. Each record includes: - Contact Name - Publication Name - Website URL - Address - Email - Description
2.7M Consumer Subscribers. This data has been aggregated from a number of websites, which include daily deal sites that have gone out of business. Data includes: - Full Name - Address - Phone Number - Email - Signup Website - IP Address - Date of Signup Data will be delivered via a dropbox link in CSV format.