Here's Why Groupon's Stock Is Soaring Today
Groupon Inc.'s (NASDAQ: GRPN) shares popped Monday as investors continued to digest positive jobs data that was published on Friday. The company's shares climbed as high as 17.9% in the morning.
Groupon's shares were up 15.2% as of 11:59 a.m. EDT.
While the U.S. economy is a long way away from fully recovering from the damage COVID-19 has wreaked on nearly every industry, investors are reacting positively to a Labor Department report published on Friday that said the U.S. added 2.5 million jobs in May.
Source Fool.com
