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Groupon Stock Climbs Monday: What's Driving the Action?
Groupon is surging Monday after shareholder Nick Nemeth called for accelerated buybacks, a $120 million cash target and a Rule 10b5-1 plan.
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Groupon Shareholder Nick Nemeth Urges Board For Faster Buybacks, $120M Cash Target And 10b5-1 Plan
Groupon, Inc. (NASDAQ:GRPN) shareholder Nick Nemeth today publicly called on the Board and management to accelerate share repurchases, adopt a $120 million operating cash-balance goal and establish a Rule 10b5-1 plan
Groupon shares are trading higher after the company reported better-than-expected Q2 EPS results.