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Groupon, Sirius XM Radio Among Most Active Stocks in Nasdaq Pre-Market


PowerShares QQQ Trust was up this morning.

MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the Nasdaq (^IXIC) were Groupon (GRPN), Sirius XM Radio (SIRI), and PowerShares QQQ Trust (QQQ) as of 9:05 a.m. Investors traded 4,060,027 shares of Groupon, which was down $1.62, or 21.46%. Groupon reported a second-quarter profit of $28.4 million, or $0.04 per share, beating analysts estimates of a $0.04 per share loss. Its revenue of $568.3 million fell below analysts' expectation of $578 million. A weaker euro and British pound lowered revenue by $32.4 million last quarter according to the company.

Investors also traded 438,810 shares of Siriux XM Radio, which was up $0.01, or 0.20%, and 327,289 shares of PowerShares QQQ, which was up $0.31, or 0.46%.

Twitter: @ChrisWitrak
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