Groupon topped analyst fourth-quarter estimates for both revenue and earnings per share, but despite the beat, Groupon shares sank lower in after hours trading after the company lowered its outlook. Kraft Foods also delivered earnings that came in above estimates for top and bottom lines. Still, the company's shares were down more than 2% in after hours trade after the packaged food giant announced a major management shake-up.
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Taking a look at the markets today -- U.S. stocks rallied higher, with the S&P 500 closing at its highest level this year. Meanwhile, investors growing more confident with the Vix Volatility Index, or the "fear gauge," falling more than 9% to its lowest level of the year.
And it was a tough day for Tesla -- the company lost some ground following Wednesday's big earnings miss. Tesla shares finished down more than 4.5%. Tesla's CEO Elon Musk came under scrutiny after he claimed Tesla could one day match the size of Apple. So is it time to hit the breaks on the stock? Head to FOXBusiness.com/OnCall for a feisty bull vs. bear debate on Tesla.
Be sure to check out all of today's interviews on FOXBusiness.com/OnCall and tune into Countdown to the Closing Bell every week day at 3 p.m. ET.