Tech Stocks News Ring- Groupon Inc (GRPN), VirnetX Holding Corporation (VHC)
Shares of Groupon Inc (NASDAQ:GRPN) ended Tuesday session in red amid volatile trading. The shares closed down -0.11 points or -2.13% at $5.06 with 3.47 million shares getting traded. Post opening the session at $5.16, the shares hit an intraday low of $5.05 and an intraday high of $5.17 and the price vacillated in this range throughout the day. The company has a market cap of $2.92 billion and the numbers of outstanding shares have been calculated to be 572.78 million shares.
Groupon Inc (GRPN) announced that its on-demand food delivery service has expanded to Providence. Starting now, residents and businesses in downtown, Federal Hill, College Hill, Hope Street and Fox Point can use the OrderUp from Groupon mobile app to have food delivered directly to their doorstep from some of the area’s best local restaurants.
“We’re thrilled to bring OrderUp to Providence and give our customers easy access to the food they want, when they want it,” said Dan Roarty, senior vice president of food and drink, Groupon. “Providence is recognized as a top food destination where you can get just about everything from an amazing burger to incredibly fresh seafood, and many of the restaurants on our platform haven’t offered delivery until now.”
Shares of VirnetX Holding Corporation (NYSEMKT:VHC) ended Tuesday session in red amid volatile trading. The shares closed down -0.09 points or -2.26% at $3.90 with 894,177 shares getting traded. Post opening the session at $3.99, the shares hit an intraday low of $3.84 and an intraday high of $4.05 and the price vacillated in this range throughout the day. The company has a market cap of $222.09 million and the numbers of outstanding shares have been calculated to be 56.66 million shares.
VirnetX Holding Corporation (VHC) develops software and technology solutions for securing real-time communications over the Internet in the United States. Its software and technology solutions include secure domain name registry and GABRIEL Connection Technology that are designed to secure communications various real-time communications over the Internet, as well as enable organizations and individuals to establish communities of secure, registered users, and transmit information between various devices, networks, and operating systems. These secure network communities are designed to support content applications, such as Instant messaging, voice over Internet protocol, mobile services, streaming video, and file transfer, remote desktop in a secure environment.