On Wednesday, Shares of Groupon, Inc. (NASDAQ:GRPN), lost -3.04% to $5.42, hitting its lowest level, despite Technology stocks have moderately higher Wednesday’s afternoon, with shares of technology companies in the S&P 500 advancing almost 0.4%.
Analysts on the Street are anticipating Groupon, Inc. will report earnings per share of $-0.02 for the fiscal quarter ending on 2015-06-30. Estimates from 15 brokers were taken into consideration to arrive at this estimate. Looking ahead on a three to five year basis, Wall Street is expecting earnings of $26.67 per share on the stock. This is the best estimate according to Zacks for sales and earnings over that time span.
Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount worldwide. It also offers deals on products for which it acts as the merchant of record.
Health care stocks were narrowly mixed Wednesday, with the NYSE Health Care Sector Index falling about 0.1% and shares of health care companies in the S&P 500 rising about 0.1% as a group.
Among Halthcare stocks, Shares of AbbVie Inc. (NYSE:ABBV), inclined 1.50% to $67.77, during its last trading session.
AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products worldwide. The company’s products comprise HUMIRA, a biologic therapy administered as a subcutaneous injection to treat autoimmune diseases; VIEKIRA PAK, an all-oral, short-course, interferon-free therapy, with or without ribavirin, for adult patients with genotype 1 chronic hepatitis, counting those with compensated cirrhosis; Kaletra, an anti-HIV-1 medicine used with other anti-HIV-1 medications as a treatment that maintains viral suppression in people with HIV-1.
Finally, Himax Technologies, Inc. (NASDAQ:HIMX), ended its last trade with 1.98% gain, and closed at $8.77, after the semiconductor declared that its Liquid Crystal on Silicon (LCoS) microdisplay won a Taiwan Outstanding Photonics Product Award from the Photonics Industry and Technology Development Association.
Himax’s 0.22-inch Front-Lit LCoS module won the Taiwan Outstanding Photonics Product Award.
The product integrates an LED illumination system and a polarization beam splitter. The company says the module “delivers rich colors, high contrast, and outstanding reflectivity and is therefore widely seen by many in the industry as the microdisplay of choice for head-mounted devices.”
Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies to consumer electronics worldwide. The company operates through Driver IC and Non-Driver Products segments. It offers display driver integrated circuits (ICs) and timing controllers used in televisions (TVs), laptops, monitors, mobile phones, tablets, digital cameras, car navigation, and other consumer electronics devices.
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