Key Highlights

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

Why Groupon Fell on November 10 (-20.12%)

Canadian investors scanning US-listed retail names saw Groupon (NASDAQ:GRPN) publish third quarter 2026 results on November 9, 2026, after which the shares dropped 20.12% to USD 12.98 in the next regular session. The previous close was about USD 16.25 (calculated), a decline 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 compared with USD 117.8 million a year before. 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 of 886.03 thousand shares at relative volume of 0.85 implies an average near 1.04 million shares (calculated). Pre-market, the shares were indicated at USD 13.04, off 19.75%.

The Rationale: Results and Guidance

The likeliest driver is the mix of slowing growth, lower adjusted EBITDA and soft guidance, though published coverage did not confirm any single cause. Fourth quarter revenue guidance is USD 133 million to USD 136 million, flat to up 2%, alongside billings growth of 4% to 6%. For the 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. Since third quarter free cash flow was negative USD 45.8 million, hitting the full-year cash goal needs a big fourth quarter swing. In general terms, stocks decline after results when profit falls despite revenue growth, when guidance lags expectations or when cash burn rises. These are general mechanisms and not confirmed causes.

Valuation, Liquidity and Risks for Groupon

A Market Value of USD 527.84 million equates to about 40.67 million shares (calculated), and cash of USD 177.4 million works out to roughly USD 4.36 a share (calculated). Trailing diluted EPS is negative USD 3.11, so no price to Earnings ratio exists, and EPS growth of negative 1,076.39% reflects a comparison skewed 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, shrinking adjusted EBITDA, cash burn, the 2027 and 2030 convertible notes and a thin float, where a few trades can move the price. Nothing here implies the move will continue.

Where Things Stand

Groupon (NASDAQ:GRPN) dropped 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. Published coverage did not confirm 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 swing sharply either way.