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Groupon skyrockets 36% after earnings report beats Wall Street expectations (GRPN)
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- Groupon on Thursday reported quarterly earnings that beat Wall Street's expectations.
- Shares of Groupon surged as much as 36% in premarket trading Friday.
- The company also said that it plans to start a second round of layoffs and furloughs in August.
- Watch Groupon trade live on Markets Insider.
- Read more on Business Insider.
Shares of Groupon surged as much as 36% in premarket trading Friday after the company on Thursday reported quarterly earnings that beat Wall Street's expectations.
Here are the key numbers:
See the rest of the story at Business Insider
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