Groupon Stock Falls On Unusually High Volume (GRPN)

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.

NEW YORK ( TheStreet) -- Groupon (Nasdaq: GRPN) is trading at unusually high volume Wednesday with 33.5 million shares changing hands. It is currently at two times its average daily volume and trading down 12 cents (-2%) at $5.52 as of 1:46 p.m. ET.

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Groupon has a market cap of $3.56 billion and is part of the technology sector and internet industry. Shares are up 11.5% year to date as of the close of trading on Tuesday.

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.

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. You can view the full Groupon Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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