Groupon Inc (GRPN) Shares Jump As Growth Hopes Grow

Shares in Groupon Inc (NASDAQ:GRPN) jumped more than 9 percent today in the wake of an upgrade of the company from Stifel analyst Jordan E. Rohan. Rohan said that the online deals company had created opportunities for growth by moving away from its traditional strategy in order to widen its appeal.

Groupon Inc (NASDAQ:GRPN) hit a high of $12.70 per share in trading today on the upgrade and easy market in technology stock in the wake of the Federal Reserve’s decision to keep QE at the same level indefinitely. Today’s high is the priciest Groupon...