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Groupon Shares Surge After Quarterly Revenue Crushes Estimates

Shares of Groupon surged over 20% on Wednesday after crushing quarterly revenue estimates.

Shares of Groupon (GRPN) - Get Groupon, Inc. Report surged over 20% on Wednesday after the daily deal site posted fourth-quarter revenue of $934.9 million, topping estimates of $913 million. Additionally, Groupon's fourth-quarter revenue exceeded the $917.2 million it reported in the same period a year ago. Groupon, however, still reported a net loss of $0.09 a share, or $52.6 million.  

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