(Reuters) - Groupon Inc <GRPN.O> shares rose more than 10 percent to the highest level in almost a year on Friday after an analyst upgrade stoked optimism about a recent strategy shift by the world's largest daily deal company. Full story
Arvind Bhatia, Sterne Agee analyst, explains why he thinks the future is "ripe" for Groupon, although it is currently "operating below its potential," with Frank Sennett, "Groupon's Biggest Deal Ever" author.
"Globalization offers a ton of promise to companies that can explore it because of the Internet," said Ted Leonsis, Revolution Growth Fund partner, discussing the outlook on Groupon and e-commerce growth.
To follow March Madness on the fly, a new app offers a way to watch the games on a phone or a tablet, and also has a feature that allows users to follow their brackets in real time. TODAY’s digital lifestyle expert Mario Armstrong reports.
CNBC's Julia Boorstin and Jane Wells chat about the business stories of the day including Groupon, Mila Kunis telling CNBC she's investing in stocks, and Joe Fresh appearing in JC Penney stores.
Shares of Groupon spike on bullish comments from Legg Mason's Miller, with the FMHR team.
Eric Lefkofsky, CEO of Groupon, arrives at the annual Allen and Co. conference at the Sun Valley, Idaho Resort July 11, 2013. REUTERS/Rick Wilking (UNITED STATES - Tags: BUSINESS SCIENCE TECHNOLOGY)
Groupon executive chairman Eric Lefkofsky arrives for lunch at the annual Allen and Co. conference at the Sun Valley, Idaho Resort July 10, 2013. REUTERS/Rick Wilking (UNITED STATES - Tags: BUSINESS)
Andrew Mason smiles outside the Nasdaq Market in New York November 4, 2011. REUTERS/Brendan McDermid
Employees and guests of Groupon ring the opening bell in celebration of the company's IPO at the Nasdaq Market in New York in this November 4, 2011 file photo. REUTERS/Brendan McDermid/Files