Why Groupon Stock Dropped, but Shopify and Stamps.com Popped Today
E-commerce stocks are on the move Monday, albeit in opposite directions. Shares of digital-coupon hawker Groupon (NASDAQ: GRPN) are down 3.3% in 2:30 p.m. EDT trading (after falling nearly 6% earlier in the day).
But shares of e-commerce facilitator Shopify (NYSE: SHOP) and online postage seller Stamps.com (NASDAQ: STMP) are taking off in tandem -- up 7.5% and 6.5% respectively.
Image source: Getty Images.
Source Fool.com
