Underperforming Groupon Stock Slides Ahead of Earnings

The stock is down more than 65% year-over-year

Deputy Editor
May 6, 2022 at 2:39 PM
facebook X logo linkedin

Groupon Inc (NASDAQ:GRPN) is getting ready to post first-quarter earnings after the close on Monday, May 9. GRPN has a mixed history of post-earnings reactions, given it finished four of the last these eight next-day session higher, and was lower for the other four, with fairly large moves in either direction. The security has averaged a next-day 16.3% swing in the last two years, though this time the options pits are pricing in a slightly larger 18.4% move. 

GRPN hasn't been faring well on the charts, down 65.2% year-over-year, while pressure at the 60-day moving average is capping the shares. Today, the security is down 8.4% to trade at $16.97.


Shot sellers have been piling on Groupon stock. The 4.26 million shares sold short account for a hefty 20.4% of its available float, or over three days' worth of pent-up buying power.

I's worth pointing out that GRPN ranks low on the Schaeffer's Volatility Scorecard (SVS), with a score of just 22 out of 100. In other words, the security has consistently realized lower volatility than its options have priced in, making it a potential premium-selling candidate


Unlock Weekend Profits with Chris Prybal's Favorite Strategy Up +487.5% in 2024

With the markets going left, right, and sideways, you need to have a plan now more than ever. 

Expert Trader Chris Prybal is no stranger to volatility, and has mastered finding big stock rallies while other traders aren't looking over the weekend. Rallies that produced gains like +207% on RTX calls, +236% on MARA calls, and +238% on NET calls.

A few simple moves on Sunday at 7pm could be the “Secret Sauce” your portfolio needs to not just stay afloat, but make unprecedented gains in this turbulent market.

Don’t sit on the sidelines, beat the market with Chris Prybal's strategy. Join him now!




Rainmaker Ads CGI