Why Groupon Stock Is Surging After OrderUp Acquisition (Nasdaq: GRPN)

Groupon Inc. (Nasdaq: GRPN) surprised many traders July 16 with the announcement it will purchase on-demand food ordering firm OrderUp. Groupon stock traded up 3.4% the day the deal was announced. That added to a 6.82% rise so far this week after an analyst at Macquarie Capital USA Inc. hiked the ratings outlook for Groupon as the company shifts its corporate strategy and refocuses on e-commerce. On Friday, the day after the deal was announced, GRPN stock continued in the green. Groupon's acquisition of OrderUp shows the firm is committed to providing shareholder value by expanding into a $70 billion market. Here's a look at why this is a great deal for Groupon investors... Tags: Groupon , groupon orderup , groupon orderup acquisition , groupon orderup deal , groupon orderup partnership , Groupon stock , groupon stock news , GRPN , grpn stock , grpn stock news , nasdaq-grpn , Orderup , Orderup acquisition , why did groupon acquire orderup , why did groupon buy orderup To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why Groupon Stock Is Surging After OrderUp Acquisition (Nasdaq: GRPN) appeared first on Money Morning - We Make Investing Profitable .