Published February 21, 2014
Groupon Shares Sharply Discounted and Other #Stocks2Watch
#Stocks2Watch: Groupon Shares Sharply Discounted
Groupon shares plummeted Friday on a grim current-quarter outlook.
Groupon (NASDAQ:GRPN) unexpectedly forecast an adjusted current-quarter loss and disappointing revenue. Shares of the online coupon site are plummeting some 10% on the news.
Hewlett-Packard (NYSE:HPQ) revealed better-than-expected quarterly results after the closing bell on Thursday, with a full-year forecast that matched analysts' expectations. The blue-chip tech giant has struggled for years to define a new direction as the market for PCs crumbles.
Dish Network (NASDAQ:DISH)
Dish Network (NASDAQ:DISH) shares are getting a boost on the back of better-than-expected quarterly profits.
Aruba Networks (NASDAQ:ARUN)
Aruba Networks (NASDAQ:ARUN) posted adjusted earnings and revenues that exceeded analysts' expectations, sending shares of the wireless-equipment maker zooming 8% higher.
Priceline.com (NASDAQ:PCLN) unveiled quarterly earnings that topped estimates. The shares are jumping 2% in response.