Groupon Inc Rebounds Midday, but 2014 is Still Looking Grim

Groupon

This Friday’s midday gainers are Computer Sciences Corporation (NYSE:CSC), Global Eagle Acquisition Corp (NASDAQ:ENT) and Groupon Inc (NASDAQ:GRPN). The losers are Himax Technologies, Inc. (ADR) (NASDAQ:HIMX), ExOne Co (NASDAQ:XONE) and Post Holdings Inc (NYSE:POST).

Groupon Rebounds

Today’s top gainer midday is tech consultancy firm Computer Sciences Corporation (NYSE:CSC), up +9.94%. The company released its full-year 2013 earnings, which showed strong growth and positive guidance for the year ahead. David Einhorn and Ray Dalio have positions in CSC.

Second comes Global Eagle Acquisition Corp (NASDAQ:ENT). The George Soros pick jumped +8.82% by midday trading on news of its latest results.

Groupon Inc (NASDAQ:GRPN) picked up a +5.92% gain midday. The online coupon giant, a Tiger Global asset, has had a rough go in 2014, its share price down -49.02% YTD.

ExOne Dips Ahead of Earnings

LCD and circuits manufacturer Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) took a notable dive midday today. The Tiger pick dipped -11.43% after Oppenheimer analysts dropped its target price following the release of its Q1 2014 earnings report and yearly guidance.

ExOne Co (NASDAQ:XONE) is second, the 3D printer producer’s price dropping -9.35%. XONE will not be posting results until next week, but expectations are already low, and the stock has lost -45.48% YTD. Daniel Loeb, David Einhorn and Boone Pickens have positions in ExOne.

Wrapping up the losers list is food company Post Holdings Inc (NYSE:POST). This Tiger Global and John Paulson bet fell -8.77% after posting a loss for Q1 2014 in its quarterly earnings.



About the Author

iBillionaire
iBillionaire provides access to the investment data and strategies of the world's most successful self-made billionaires. Mobile app available for iOS and Android. Maker of the iBillionaire Index (IBLN). More at www.iBillionaire.me.