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player ready...Groupon shares topped $5 in early morning trading Thursday, following a late-Wednesday earnings report that beat expectations.
Shares of the Chicago-based e-commerce marketplace have not touched $5 since early March. The last time Groupon (Nasdaq: GRPN) closed a day above $5 was July 23, 2015.
The stock is up more than 33 percent since yesterday’s close, trading early at about $5.05.
Before yesterday’s spike, Groupon stock had lost about one-fifth of its value for the year.
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