New York, NY -- (SBWIRE) -- 01/17/2013 -- Groupon Inc. (NASDAQ: GRPN), the Chicago, Illinois-based daily deals site, is gaining in mid-day trading today, reversing some of the losses from the previous trading sessions. GRPN had fallen nearly 4% on Wednesday even as the company launched the Merchant Impact Report, a free tool built into the Groupon Merchant Center that offers merchants a clear view of how GRPN is driving their business by making it possible to assess the performance of their promotion.
GRPN is currently trading 1.39% higher at $5.10 on volume of 3.57 million, which is a quarter of the daily average volume of 14.10 million. GRPN currently has support at $5. The stock is facing resistance at $5.50.
Get everything traders and investors need to know on GRPN by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=GRPN
Hovnanian Enterprises Inc. (NYSE: HOV), a company engaged in the design, construction, marketing and sale of single-family detached homes, attached townhomes and condominiums, is marginally lower in mid-day trading today. At last check, HOV was trading 0.17% lower at $5.99 on volume of 7.65 million, which is below the daily average volume of 9.65 million.
HOV has fallen more than 5% in the last three trading sessions. The stock has support at around $6. Despite the recent pullback, HOV, like other homebuilder stocks, has had an excellent run over the past three months, gaining nearly 45%.
Get the key trend analysis reports and news on HOV by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=HOV
WallStreetReport.net issues momentum alerts on stocks that can provide gains to day traders. WallStreetReport.net provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. WallStreetReport.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities.Through a vast network of IR professionals WallStreetReport.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the WallStreetReport.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Report believes traders should have a chance at successfully trading Penny Stocks and invites traders and investors to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.WallStreetReport.net
Disclosure: WallStreetReport.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetreport.Net website, for complete risks and disclosures.
BlueLys, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
WALL STREET REPORT
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)