Groupon skyrockets 36% after earnings report beats Wall Street expectations (GRPN)

Groupon on Thursday reported quarterly earnings that beat Wall Street's expectations. 
Shares of Groupon surged as much as 36% in premarket trading Friday. 
The company also said that it plans to start a second round of layoffs and furloughs in August. 
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Shares of Groupon surged as much as 36% in premarket trading Friday after the company on Thursday reported quarterly earnings that beat Wall St