Groupon Rises Despite Weak Guidance as Dow Industrials Hold 18,000

Stocks managed to stay at record highs in midday trading Friday as the Dow Jones Industrial holds above 18,000, for the first time this year. Easing concerns in Greece along with the Ukraine-Russia conflict are lifting investor confidence. But consumer sentiment unexpectedly dropped in February, initially fading stock gains. The University of Michigan's reading came in at 93.6, economists were expecting 98.1. Groupon (GRPN) is jumping despite its weak outlook. The company did deliver profit that topped estimates. Big moves are being made in the online gaming space. Zynga is plunging (ZNGA) on disappointing results and outlook. King Digital (KING), however is up more than 13% after reporting its earnings and a larger-than-expected number of active users.