Groupon Rally Boosted by Tiger Global Investment: Chicago Mover
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Groupon Inc., the largest provider of daily deals, rose 15 percent, climbing for the second day after Tiger Global Management LLC said it acquired a 9.9 percent stake in the coupon website.
The shares advanced to $3.88 at the close in New York, their biggest gain since May. The stock has gained for the sixth straight day, making it a 48 percent jump over the period.