Groupon Gains as Legg Mason’s Miller Sees Growth Opportunity
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Groupon Inc. gained the most in two weeks after Legg Mason Capital Management Chairman Bill Miller said the largest daily-deal website has a “tremendous” opportunity for growth.
The shares rose 6.1 percent to $5.39 at the close in New York, for the biggest gain since March 4. The stock has climbed 11 percent this year, compared with a 9.8 percent increase for the Russell 1000 Index.