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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Groupon, Inc. operates as a local commerce marketplace that connects merchants to consumers by offering goods and services at a discount in North America and internationally. Groupon has a market cap of $3.38 billion and is part of the internet industry. Shares are up 4.7% year to date as of the close of trading on Friday. Currently there is one analyst that rates Groupon a buy, three analysts rate it a sell, and 20 rate it a hold.

TheStreet Ratings rates Groupon as a sell. The area that we feel has been the company's primary weakness has been its poor profit margins.

On the negative front, Powerwave Technologies ( PWAV), down 74.2%, Authentidate Holding Corporation ( ADAT), down 15.3%, 3D Systems Corporation ( DDD), down 13.9%, and Perceptron ( PRCP), down 11.1%, were all laggards within the technology sector with IHS ( IHS) being today's technology sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

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