Groupon (NASDAQ:GRPN) Declares Israeli Website Hack after Gaza Attack – GRPN, FB, YHOO, ZNGA, BIDU

Shares of Groupon Inc (NASDAQ:GRPN) surged more than 4% on Monday after it declared that its Israeli Web site, groupon.il, was compromised by a political hackers group who hacked the site to declare messages threatening Israeli crowds against any ground attack against Gaza.

A Groupon spokeswoman, Julie Mossler reported in a statement that the hackers forwarded their site by gaining access during the local Israeli domain host, other than that no financial information has been breached. Mossler declared that the cutting had been confined to Israel and that the site should be entirely restored Monday. Groupon shares surged 3 percent to $3.07 in afternoon trading.

Groupon Inc (NASDAQ:GRPN) traded at $3.11 by increasing 4.19% with price volatility of 4.17% for a week and 6.40% for a month plus price volatility’s Average True Range for 14 days was 0.28.

Stocks after opening at $3.05 hit high price of $3.19 and on last session stock held volume of 24.46 million shares which was unexpectedly higher than its average volume of 17.85 million shares.

Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 1.27 as current ratio and on the opponent side the debt to equity ratio was 0.00 and long-term debt to equity ratio also remained 0.00. The Company had total cash at hand $1.20 billion and a book value per share as $1.22 in the most recent quarter.

While investors who viewing GRPN against other stocks with the reference of profit margin that are Facebook Inc (NASDAQ:FB) having profit margin 6.24%, Yahoo! Inc. (NASDAQ:YHOO) with 66.94% profit margin, Zynga Inc (NASDAQ:ZNGA) having -46.51% profit margin and Baidu.com, Inc. (ADR) (NASDAQ:BIDU) having profit margin of 47.20%.

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Published by Fiona Gibson

Fiona is a finance graduate and an expert in analyzing market trends.