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 Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day down 0.2%. By the end of trading, Groupon rose 26 cents (4.5%) to $6 on average volume. Throughout the day, 20.8 million shares of Groupon exchanged hands as compared to its average daily volume of 16.9 million shares. The stock ranged in a price between $5.72-$6.05 after having opened the day at $5.73 as compared to the previous trading day's close of $5.74. Other companies within the Internet industry that increased today were: Net Element International ( NETE), up 7%, ExactTarget ( ET), up 6.6%, Internet Initiative Japan ( IIJI), up 4.3%, and Local ( LOCM), up 3.7%.
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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. The company also offers deals on products for which it acts as the merchant of record. Groupon has a market cap of $3.53 billion and is part of the technology sector. Shares are up 11.5% year to date as of the close of trading on Friday. Currently there are two analysts that rate Groupon a buy, five analysts rate it a sell, and 15 rate it a hold. TheStreet Ratings rates Groupon as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, weak operating cash flow and generally disappointing historical performance in the stock itself.