Investor Alley Inc.

Daily Market Stocks to Trade On: (NASDAQ: GRPN), (NYSE: XIV)

 

New York, NY -- (ReleaseWire) -- 04/15/2013 --Groupon Inc. (NASDAQ:GRPN) traded at $ 6.55 in the last session, which is +0.12 (1.87%). The stock has a Range of 6.19 - 6.55. The stock has a 52 week low and high of 2.60 - 14.93 respectively. The stock has a Market Cap of 4.31B. The stock traded a volume of 19.15M. The stock has a 30 day average volume of 21.22M.

Recently Macquarie lifted its price target on GRPN to $5.50 from $4. GRPN has two "strong buys," 15 “holds" and 5 "sell" or worse recommendations. Also UBS initiated coverage on Groupon, Inc. with a Sell rating and a price target of $4.40.

Groupon, Inc. offers online retail services. The Company provides daily deal on the stuff to do, eat, see and buy in more than 500 markets in 44 countries.

Find out more on GRPN by getting the free and full trend analysis report here: http://www.wallstreetscoop.net/market-scan/?symbol=GRPN

VelocityShares Daily Inverse VIX Short Term ETN (NYSE: XIV) traded at $ 25.51 in the last session, which is +0.47 (1.88%). The stock has a Range of 24.50 - 25.55. The stock has a 52 week low and high of 8.07 - 25.55 respectively. The stock has a Market Cap of 469.20M. The stock traded a volume of 1.15M in the last session.

The investment seeks to replicate, net of expenses, the inverse of the daily performance of the S&P 500 VIX Short-Term Futures index. The index was designed to provide investors with exposure to one or more maturities of futures contracts on the VIX, which reflects implied volatility of the S&P 500 Index at various points along the volatility forward curve.

The calculation of the VIX is based on prices of put and call options on the S&P 500 Index. The ETNs are linked to the daily inverse return of the index and do not represent an investment in the inverse of the VIX.

Find out more on XIV here:
http://www.wallstreetscoop.net/market-scan/?symbol=XIV

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