Hedge fund managers and investment gurus have to notify the SEC about their moves every quarter. Investors pore over this data in the belief the big fish have special insight.
Groupon's strategy is shifting its focus away from daily emails to becoming a mobile marketplace as the search for a new CEO continues in earnest and the company is looking to be "less misunderstood."
Big investors are reporting their quarterly holdings, offering a glimpse into what some of the big fish were buying and selling during the first quarter.
Stocks closed lower Thursday, after the Dow and S&P 500 briefly touched fresh all-time highs. Meanwhile, the U.S. dollar rose above the key threshold of 100 yen for the first time since April 2009.
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.
U.S. stock market index futures pared their losses Thursday, following a better-than-expected jobless claims report, but gains were limited following the recent market rally that propelled the Dow and S&P 500 to fresh all-time highs.
Groupon's revenue beat expectations as the company's main daily deals business in North America turned in a strong performance. Shares rose after-hours.
Stocks finished near session highs across the board Wednesday, boosted by financials and materials, with the Dow and S&P 500 logging fresh closing highs.