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New York, NY -- (SBWIRE) -- 03/05/2013 -- Groupon Inc (NASDAQ:GRPN) stock gained 6.27% to $5.42. The company, last week, reported a fourth quarter net loss of $0.12 per share which was flat with the prior year result. The consensus estimate was for a loss of $0.03. Revenues grew 30 percent to $638.3 million from $492.2 million last year. The consensus estimate was for revenues of $638.4 million.
Additionally, the company announced that Jason Child, Chief Financial Officer, will present at the Deutsche Bank dbAccess Media & the Telecommunications Conference on Tuesday, March 5 at 2:05PM (EST) at The Breakers Hotel in Palm Beach, Florida.
Is GRPN Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here
Micron Technology, Inc.(NASDAQ:MU) is higher 2.26% and is trading at $8.59. Micron Technology, Inc., is a global manufacturer and marketer of semiconductor devices, principally NAND Flash, DRAM and NOR Flash memory, as well as other memory technologies, packaging solutions and semiconductor systems for use in computing, consumer, networking, automotive, industrial, embedded and mobile products.
How Should Investors Trade MU After The Latest Earnings Report? Find Out Here
Sirius XM Radio Inc (NASDAQ:SIRI- 3.20) enjoyed a day in the green on Monday, and one group of option players eyed some additional momentum for the stock. Of the 8,856 calls that crossed the tape yesterday, nearly 26% traded at SIRI's April 3.50 strike. The vast majority went off at the ask price, and open interest added 2,223 contracts overnight, pointing to the initiation of new positions.
Given SIRI's technical backdrop, it's easy to see why bullish bets have been in order. In addition to sporting a roughly 42% year-over-year advance, the stock tagged a nearly five-year high of $3.25 on Feb. 1. The equity pulled back after hitting this technical milestone, but found support along its 20-week moving average, and bounced. SIRI's current price of $3.20 is sitting just 1.6% below a fresh multi-year peak.
Can SIRI Proceed To Shift Higher? Discover Out Here
Qualcomm Inc. (NASDAQ:QCOM) announced Tuesday morning that its Board of Directors has approved a 40 percent increase in the Company's quarterly cash dividend. The Board also approved a new $5.0 billion stock repurchase program to replace the prior $4.0 billion stock repurchase program, which had $2.5 billion of repurchase authority remaining.
Qualcomm gapped open higher Tuesday and is now up 1.47 at $68.10. The stock is now challenging resistance at the highs of the year, trading at nearly an 11-month high.
What Are QCOM’s Charts Signaling for Traders? Find Out Here
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