Movers roundup: Groupon, GameStop
Among the stock activity stories for Friday, June 14, from the AP Financial Desk:
-Shares of Groupon Inc. got a boost Friday after a Deutsche Bank analyst upgraded the online deals company, saying it is likely to grow in the coming months as it works to personalize deals to existing customers and attracts new ones through its mobile app and website.
-Cempra's stock declined Friday as the pharmaceutical company priced a public stock offering at a 14 percent discount to its Thursday closing price.
-Shares of GameStop Corp. jumped Friday after an analyst upgraded the videogame store chain based on encouraging signs from the just-ended E3 videogame trade show in Los Angeles.
-Magnum Hunter Resources Corp.'s stock climbed Friday after the oil and gas producer's fiscal fourth-quarter adjusted earnings surprised Wall Street and revenue beat estimates.