Groupon Surge Gives Shareholders An Early Christmas Gift

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Weekly gainers for December 14, 2013 are Groupon Inc (NASDAQ:GRPN), Media General, Inc. (NYSE:MEG), International Tower Hill Mines Ltd (NYSEMKT:THM) and weekly losers are InterOil Corporation (NYSE:IOC), NovaCopper Inc (NYSEMKT:NCQ), Eagle Bulk Shipping Inc. (NASDAQ:EGLE).

Groupon is this week’s top gaining stock

This week’s top gainer is Groupon Inc (NASDAQ:GRPN), which shot up +14.41%, hitting $10.24. Tiger Global Management owns 18 million shares, which represent 3.38% of its holdings. The hedge fund paid an average price of $4.11 per asset.

Following Groupon Inc. is Media General, Inc. (NYSE:MEG). The television broadcast and digital company increased +11.88%, up +3.56% to $21.55 today alone. As of September, billionaire Warren Buffett holds 4.6 million shares (0.07% of his portfolio), acquired for $4.63.

The last stock in our weekly gainers list is International Tower Hills Mines Ltd (NYSEMKT:THM). The gold mining company has climbed +10.75% over the past week. Billionaire John Paulson owns 8.9 million shares (0.02% of his fund), purchased for $4.77.

Weekly Losers

Topping off our weekly losers list is InterOil Corporation (NYSE:IOC). The energy company dipped -38.56% this week, although the stock surged a bit today, +0.46 to $54.70. Billionaire John Paulson holds 1.1 million shares, composing 0.55% of his fund. Paulson paid an average price of $66.64.

Novacopper Inc. (NYSEMKT:NCQ) is the second stock in our weekly losers list. The exploration-stage company dropped -30.30% over the past week, though today the stock rose +4.71% to $1.45. Billionaire Seth Klarman holds more than five million shares (0.27% of his portfolio), bought at $2.94.

The third stock on our weekly losers list is Eagle Bulk Shipping Inc. (NASDAQ:EGLE). The ocean transportation company decreased -26.28%, but today recovered slightly, up +5.61% to $3.20. As of September, Richard Chilton holds 293,000 shares (0.06% of his fund). The investor paid an average price of $4.78 per asset.

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