Groupon (NASDAQ:GRPN – Get Free Report) is set to announce its earnings results after the market closes on Thursday, November 9th. Analysts expect the company to announce earnings of ($0.16) per share for the quarter. Groupon (NASDAQ:GRPN – Get Free Report) last announced its earnings results on Wednesday, August 9th. The coupon company reported ($0.30) […]
Adyen lost $13 billion in market cap last month when investors scrambled to sell shares after the payments company missed quarterly revenue targets. Shares in SumUp, a privately-held European payment technology business that focuses on point-of-sale transactions, are currently being sold in inside sales (to other existing investors in the company) at a valuation that might be as low as $4.1 billion a drop of nearly 52% on SumUp's previous valuation of $8.5 billion, achieved when it raised $624 million in June 2022. Several of SumUp's investors are selling off shares, but the news was made public by just one: Groupon, which is traded in the U.S. on Nasdaq, disclosed the transaction in an SEC filing.