Stocks That Hit 52-Week Lows On Wednesday
During Wednesday's trading, 517 companies set new 52-week lows.
Short Interest Sector Focus: Communication Services Sector
As of the close of business on Friday, 10/7, we captured the Top 10 Highest Short Interest % stocks within the Communication Services Sector.
The average short interest for stocks within the Communication Services sector stands at 3.11%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
Asia Innovations SPAC Listing: Based in Singapore, But Made in China
Key Takeaways:
Developing markets social media company Asia Innovations is planning a U.S. SPAC listing that could provide it with up to $350 million in new funds
Company could represent a new generation of founding teams with Chinese roots setting up internet companies in Singapore to avoid stricter Chinese regulations
Stocks That Hit 52-Week Lows On Monday
During Monday's session, 402 companies made new 52-week lows.
Groupon Says Groupon Day Returns Oct. 7-14
Annual Holiday Shopping Event Kicks Off on October 7 with Amazing Early-bird Deals; Ends October 14
Groupon's survey data shows that over 80% of consumers plan to spend more on experience-related gifts
Groupon, Spectrum Brands, Adobe And Other Big Losers From Thursday
U.S. stocks closed lower with the Nasdaq 100 dropping around 200 points on Thursday. Here is the list of some big stocks recording losses in the previous session.
Groupon Gives Update On Adjusted EBITDA: Q3 Expected To Be Lower Than Q2 Given The Timing To Execute Our Cost Actions And Additional Marketing Spend – Goldman Sachs Communacopia + Technology Conference
https://docs.publicnow.com/viewDoc?hash_primary=87CF83AEB2241C5CA49D3450A6CBF89ED0016DB6
Looking Into Groupon’s Return On Invested Capital
Groupon (NASDAQ:GRPN) brought in sales totaling $153.22 million during Q2 according to data provided by Benzinga Pro. However, earnings decreased 162.72%, resulting in a loss of $90.25 million.