Groupon's Stock Rises 19% After Interim CEO Buys 437,500 Shares

Malaysia News News

Groupon's Stock Rises 19% After Interim CEO Buys 437,500 Shares
Malaysia Latest News,Malaysia Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

By Stephen Nakrosis Groupon shares soared in post-market trading on Wednesday following the disclosure that interim Chief Executive Officer Dusan Senkypl...

Groupon shares soared in post-market trading on Wednesday following the disclosure that interim Chief Executive Officer Dusan Senkypl built on his existing stake in the company by acquiring an additional 437,500 shares

The stock rallied 19% to $14 per share at 5:40 p.m. ET. That tops the 52-week high seen in market trading of $12.66 on Sept. 15.The Chicago-based online reatailer reported the acquisition of shares by Senkypl after the session ended. Senkypl exercised options to acquire 437,500 shares at a price of $6 each. He also acquired another 11,612 by vesting some restricted stock units.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia stock rises ahead of results, AMC shares slump and other stocks on the move.Nvidia stock rises ahead of results, AMC shares slump and other stocks on the move.Nvidia, Novavax and AMC Entertainment are among the stocks in the spotlight.
Read more »

UBS Stock Rises as Outlook for Credit Suisse Deal ImprovesUBS Stock Rises as Outlook for Credit Suisse Deal ImprovesInvestors who were startled by the hastily agreed takeover of Credit Suisse appear to be seeing more upside.
Read more »

Berkshire Hathaway Inc. Cl B stock rises Wednesday, still underperforms marketBerkshire Hathaway Inc. Cl B stock rises Wednesday, still underperforms marketShares of Berkshire Hathaway Inc. Cl B advanced 1.05% to $354.26 Wednesday, on what proved to be an all-around positive trading session for the stock market,...
Read more »

Alphabet Inc. Cl A stock rises Wednesday, outperforms marketAlphabet Inc. Cl A stock rises Wednesday, outperforms marketShares of Alphabet Inc. Cl A advanced 2.55% to $132.37 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P...
Read more »

Bank of America Corp. stock rises Wednesday, still underperforms marketBank of America Corp. stock rises Wednesday, still underperforms marketShares of Bank of America Corp. inched 0.04% higher to $28.45 Wednesday, on what proved to be an all-around great trading session for the stock market, with...
Read more »



Render Time: 2025-02-27 20:22:50