Radar Movers: GRPN and JCP Plunge, Apple in Deep Thought About Cash Pile

Shares of Groupon (NASDAQ:GRPN) plunged more than 20 percent after announcing financial results for the fourth-quarter. The online-deals company reported a loss of $81 million (12 cents per share), compared to a loss of $65.4 million a year earlier. Revenue increased 30 percent, but Groupon’s outlook for the first-quarter came in below estimates.