This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Groupon, Nokia: Tech Winners & Losers

NEW YORK ( TheStreet) -- Groupon (GRPN - Get Report) shares popped 5.2% to $22.25 in afternoon trading on Thursday after the online deals company unveiled a schedule management product.

Called Groupon Scheduler, the service allows merchants to accept bookings directly from consumers who have purchased coupons from the daily deals site.

Apple (AAPL - Get Report) shares edged up 0.8% to $392.13 after a pair of analysts boosted iPhone sales expectations. UBS raised its estimate to 30 million units for the fourth quarter from 28 million. Baird also upped its quarterly forecast to 31.2 million from 27.3 million.

Nokia (NOK - Get Report) shares dropped 6.2% to $5 after reports that it's trying to sell off Vertu, its luxury phone brand. Annual revenue for the unit is estimated between $268 million and $402 million.

THQ (THQ) shares plummeted 32% to $1 after the company slashed the sales outlook for its fiscal third quarter because of weak sales of its uDraw tablet product. THQ said it now expects sales to come in 25% below its prior view of $510 million to $550 million.

-- Written by Olivia Oran in New York.

>To follow the writer on Twitter, go to http://twitter.com/Ozoran.

>To submit a news tip, send an email to: tips@thestreet.com.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
THQI $0.31 0.00%
AAPL $113.29 0.00%
GRPN $4.60 0.00%
NOK $6.32 0.00%
FB $91.01 0.00%

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs