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FUNMAN

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FUNMAN

Re: Stockadamus post# 3982

Sunday, 11/12/2017 7:57:34 PM

Sunday, November 12, 2017 7:57:34 PM

Post# of 4311
Pictet Asset Management Ltd. Invests $37.70 Million in Groupon, Inc. (GRPN)
Posted by Anthony Sawyer on Nov 12th, 2017

Pictet Asset Management Ltd. bought a new stake in Groupon, Inc. (NASDAQ:GRPN) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 7,250,703 shares of the coupon company’s stock, valued at approximately $37,704,000. Pictet Asset Management Ltd. owned about 1.30% of Groupon at the end of the most recent reporting period.


Obviously they think there is plenty of upside.
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