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Why Groupon Stock Is Rising Today

TheMotleyFool

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Shares of Groupon (NASDAQ: GRPN) were trading 6.5% higher Friday morning as fresh hopes for an economic recovery boosted the market.

The discount marketplace has been battered by the COVID-19 pandemic, and though its stock has more than doubled from the lows it hit at the onset, shares remain 70% below the highs they hit shortly before the coronavirus outbreak struck.

Image source: Getty Images.

Source Fool.com

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