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Internet Related Stocks' Research Reports Released on GrubHub, Phoenix New Media, Groupon, and Wix.com
[November 27, 2017]

Internet Related Stocks' Research Reports Released on GrubHub, Phoenix New Media, Groupon, and Wix.com


NEW YORK, November 27, 2017 /PRNewswire/ --

In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on GRUB, FENG, GRPN, and WIX which is a click away at http://www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com scans GrubHub Inc. (NYSE: GRUB), Phoenix New Media Ltd (NYSE: FENG), Groupon Inc. (NASDAQ: GRPN), and Wix.com Ltd (NASDAQ: WIX). Companies in the Internet Information Providers industry provide not only information but also interactive services, allowing people to purchase goods, make reservations, and apply to offers on good or services directly online. Following registration on Wall St. Equities, get access to today's free stock reports at:

http://www.wallstequities.com/registration

GrubHub 

Last Friday, shares in Illinois headquartered GrubHub Inc. ended the session 1.30% higher at $68.58. The stock recorded a trading volume of 656,142 shares. The Company's shares have advanced 18.67% in the last month, 26.65% in the previous three months, and 82.30% since the start of this year. The stock is trading 21.09% and 47.49% above its 50-day and 200-day moving averages, respectively. Moreover, shares of GrubHub, which together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the US, have a Relative Strength Index (RSI) of 83.48.  

On November 15th, 2017, GrubHub announced a collaboration with IHG® (InterContinental Hotels Group) to offer IHG® Rewards Club members point-earning benefits for ordering food on Grubhub via IHG's online and mobile channels. This collaboration is the first of its kind, and allows for GrubHub diners to earn points through the IHG® Rewards Club hotel loyalty program. Start your free membership with our free report on GRUB at:

http://www.wallstequities.com/registration/?symbol=GRUB

Phoenix New Media 

China-based Phoenix New Media Ltd's stock dropped 2.23%, to close the day at $7.47 with a total trading volume of 622,580 shares. The Company's shares have surged 32.92% in the past month, 63.82% over the previous three months, and 137.90% since the start of this year. The stock is trading 26.51% and 86.23% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Phoenix New Media, which provides content on an integrated platform across Internet, mobile, and TV channels in China, have an RSI of 66.09.  

On November 13th, 2017, Phoenix New Media announced its unaudited financial results for the third quarter ended September 30, 2017. Total revenues for Q3 2017 increased to RMB425.6 million (US$64.0 million); cost of revenues increased to RMB188.2 million (US$28.3 million); and gross profit increased to RMB237.4 million (US$35.7 million). As of September 30th, 2017, the Company's cash and cash equivalents, term deposits and short-term investments and restricted cash were RMB1.28 billion (US$191.9 million). 

On November 14th, 2017, research firm Macquarie upgraded the Company's stock rating from 'Neutral' to 'Outperform'. Gain free access to the research report on FENG at:

http://www.wallstequities.com/registration/?symbol=FENG



Groupon  

Shares in Illinois headquartered Groupon Inc. recorded a trading volume of 2.95 million shares at the close of the last trading session. The stock ended the day 0.70% higher at $5.72. The Company's shares have surged 22.75% in the last one month, 40.54% over the previous three months, and 72.29% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 14.80% and 39.51%, respectively. Furthermore, shares of Groupon, which operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America, Europe, Middle-East, Africa, and internationally, have an RSI of 67.29.  


On November 01st, 2017, Groupon announced that Deborah Wahl will join its Board of Directors, effective immediately. Wahl, a longtime senior marketing executive, most recently served as Senior Vice President and Chief Marketing Officer at McDonald's, USA. The Company also announced that Brad Keywell and Jeff Housenbold will depart the Board. Signing up today Wall St. Equities give you access to the latest report on GRPN at:

http://www.wallstequities.com/registration/?symbol=GRPN

Wix.com 

Israel headquartered Wix.com Ltd's shares finished Friday's session 0.63% lower at $54.85. A total volume of 142,979 shares was traded. The stock has advanced 23.12% on an YTD basis. The Company's shares are trading below their 50-day moving average by 17.33%. Furthermore, shares of Wix.com, which develops and markets an Internet service that allows users to create Web content in Latin America, Europe, North America, Asia, and internationally, have an RSI of 29.70.  

On November 09th, 2017, Wix.com announced the appointment of Ms. Deirdre Bigley to its board of directors. Ms. Bigley currently serves as Chief Marketing Officer of Bloomberg, L.P., a global business and financial information and news leader, which she joined in 2009.

On November 24th, 2017, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with a decrease of the target price from $80 a share to $78 a share. Register now for today's free coverage on WIX at:

http://www.wallstequities.com/registration/?symbol=WIX

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