Nearest Resistance: $7.50
Nearest Support: N/ACatalyst: Earnings Aftermath Groupon (GRPN - Get Report) is another stock that's getting shoved lower today, in this case simply because of the aftermath of the firm's bad earnings call on Monday. Shares are down more than 5.6% as I write this afternoon, unable to catch a bid after plunging into new all-time lows since GRPN's IPO. >>5 Toxic Stocks to Sell Now Groupon is another name that I featured in " 5 Social Networking Stocks to Sell Now" -- except GRPN was trading almost 30% higher back then. I'd strongly recommend against trying to be a Groupon buyer here. While the site is known for offering consumers bargains and deals, this stock is neither right now.
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