Jun. 7 at 4:05 PM
$GRPN Reasons GRPN will explode
💸vanguard shares relocated= new SI calculation 67% of float
💸Options chain to date- 85,896 OI calls = potential 8,589,600 shares in hedging pressure
💸
$25M in annualized cost savings by becoming AI native reducing workforce. Followed by raised EBITDA guidance from
$70-75m-
$75-80m. They described this as just the initial phase of project foundry. Additional actions to come
💸 share buyback program continuing with
$215M in potential purchases. Total historically 17.2m shares repurchased. 2.8m shares repurchased since March earnings release
💸 Working with well known names to re vamp and modernize
