Key Highlights

  • Groupon (NASDAQ:GRPN) traded at USD 12.98 on November 10, 2026, down 20.12% from a calculated prior close of USD 16.25, on Volume of 886.03 thousand shares and relative volume of 0.85.
  • Third quarter Revenue rose 2% and billings rose 6%, while adjusted EBITDA fell to USD 14.7 million from USD 17.5 million, and cash was USD 177.4 million on September 30, 2026.
  • Fourth quarter guidance is revenue of USD 133 million to USD 136 million and adjusted EBITDA of USD 18 million to USD 23 million, flat to up 2% on revenue.
  • Market value was USD 527.84 million, trailing diluted EPS negative USD 3.11, and free Cash Flow for the quarter was negative USD 45.8 million.

What Moved Groupon on November 10 (-20.12%)

Groupon (NASDAQ:GRPN) released third quarter 2026 results on November 9, 2026, and the shares fell 20.12% to USD 12.98 in the next regular session. The prior close was about USD 16.25 (calculated), a drop of roughly USD 3.27. Revenue grew 2% and billings 6%, with adjusted EBITDA of USD 14.7 million against USD 17.5 million, about 16% lower. The loss from continuing operations was USD 0.8 million against USD 117.8 million a year earlier. Operating Cash Flow from continuing operations was an outflow of USD 43.2 million and free cash flow was negative USD 45.8 million. Volume was 886.03 thousand shares with relative volume of 0.85, implying an average near 1.04 million shares (calculated). Pre-market the stock had been indicated at USD 13.04, down 19.75%.

The Rationale: Results and Guidance

The most likely driver is the combination of slowing growth, lower adjusted EBITDA and soft guidance, although no published coverage confirmed a single cause. Fourth quarter revenue is guided to USD 133 million to USD 136 million, flat to up 2%, with billings growth of 4% to 6%. Full-year revenue is guided to USD 500 million to USD 503 million, adjusted EBITDA to USD 60 million to USD 65 million and free cash flow to at least USD 40 million. Because third quarter free cash flow was negative USD 45.8 million, the full-year cash target needs a large fourth quarter swing. As general context, stocks fall after results when profit declines despite revenue growth, when guidance trails expectations or when cash burn rises. These are general mechanisms, not confirmed causes.

Valuation, Liquidity and Risks for Groupon

Market value of USD 527.84 million equates to about 40.67 million shares (calculated), and cash of USD 177.4 million is roughly USD 4.36 a share (calculated). Trailing diluted EPS is negative USD 3.11, so there is no price to Earnings ratio, and EPS growth of negative 1,076.39% reflects a comparison distorted by the prior year loss. A published October 22, 2026 snapshot showed a 52-week price change of negative 24.08% and an average analyst target of USD 28.67. Risks include 2% growth, falling adjusted EBITDA, cash burn, the 2027 and 2030 convertible notes and a thin float, where a small number of trades can move the price. Nothing here implies the move will continue.

Where Things Stand

Groupon (NASDAQ:GRPN) fell 20.12% on November 10, 2026 after third quarter results showed 2% revenue growth, lower adjusted EBITDA and negative free cash flow of USD 45.8 million. No published coverage confirmed the cause, but the fourth quarter outlook of USD 133 million to USD 136 million is the likeliest candidate. At USD 12.98 the Market Value is USD 527.84 million, and the shares can move sharply either way.