Groupon Inc (GRPN): Today's Featured Technology Winner
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. Groupon (GRPN) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole was unchanged today. By the end of trading, Groupon rose 13 cents (2.5%) to $5.40 on light volume. Throughout the day, 11.6 million shares of Groupon exchanged hands as compared to its average daily volume of 19.6 million shares. The stock ranged in a price between $5.27-$5.41 after having opened the day at $5.31 as compared to the previous trading day's close of $5.27. Other companies within the Technology sector that increased today were: Advanced Photonix (API), up 20%, Glu Mobile (GLUU), up 15.2%, Zynga Inc Class A (ZNGA), up 14.1%, and Hauppauge Digital (HAUP), up 14%.
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