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TheStreet: Groupon Should Merge With GrubHub says Jim Cramer

June 3, 2023
in Trade Tube
Reading Time: 1 min read
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Now that Groupon surprised the Street they should merge with GrubHub GRUB, said TheStreet’s Jim Cramer. The Chicago-based e-commerce marketplace posted an adjusted loss of 1 cent per share, while analysts were expecting a loss of 2 cents per share. Revenue for the period was $756 million, above analysts’ estimates of $711.2 million. Gross billings declined 2% to $1.49 billion from last year. Billings were impacted by dispositions and country exits related to the company’s restructuring.

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