Groupon Inc Spikes 25% After Q4 Beat

shares are trading higher by $0.53 at $2.77 in Friday's session. The catalyst for the rally is a Q4 EPS beat of $0.04 with $62 million more in revenues. The rally from the after-hours and pre-market session is finding resistance in the same area. The initial spike off the announcement peaked at $2.88. So far in the regular session, the issue has peaked at $2.87. That area coincides with its January 27 high at $2.87. Today's price action is taking place on much higher than average volume. As of 10:30 a.m. ET, 13 million shares have already changed hands compared to its 20-day average of 9.6 million.