Groupon's Stock Rises 19% After Interim CEO Buys 437,500 Shares

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Groupon's Stock Rises 19% After Interim CEO Buys 437,500 Shares
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By Stephen Nakrosis Groupon shares soared in post-market trading on Wednesday following the disclosure that interim Chief Executive Officer Dusan Senkypl...

Groupon shares soared in post-market trading on Wednesday following the disclosure that interim Chief Executive Officer Dusan Senkypl built on his existing stake in the company by acquiring an additional 437,500 shares

The stock rallied 19% to $14 per share at 5:40 p.m. ET. That tops the 52-week high seen in market trading of $12.66 on Sept. 15.The Chicago-based online reatailer reported the acquisition of shares by Senkypl after the session ended. Senkypl exercised options to acquire 437,500 shares at a price of $6 each. He also acquired another 11,612 by vesting some restricted stock units.

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