Groupon (GRPN) Shares of Groupon (NASDAQ: GRPN ) are continuing to rise alongside their 50-day moving average, continuing a three-month uptrend. Chairman Jerome Powell delivered a dovish message, which the Street had expected given the fresh memory of Q4 market volatility, a lack of inflation pressure, and recent softness in the economic data (aside from job gains). Weighing on sentiment slightly was a disappointing earnings report and outlook from FedEx (NYSE: FDX ), which called attention to weaker global trade growth trends.
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