After closing the day 9% lower, shares of Groupon Inc. (NASDAQ:GRPN) are edging .39% higher in late trading.? Shares have fallen more than 40% since going public on November 4.? Other popular internet companies such as LinkedIn Corp (NYSE:LNKD) and Pandora (NYSE:P) also closed lower on Monday.
Shares of Amazon (NASDAQ:AMZN) continue to head higher after the closing bell.? Shares jumped 6.4% during regular market hours after the online retailer giant reported sales of its Kindle products increased four time from the previous year.? The Seattle-based company said its Black Friday sales were ��the best ever�� for its Kindle products.? Amazon also competes with Apple (NASDAQ:AAPL) and Barnes & Noble (NYSE:BKS).
Shares of Activision Blizzard Inc. (NASDAQ:ATVI) continue to attract attention with its popular Call of Duty Modern Warfare 3 game.? According to interim results from the Black Friday Weekend survey by the Consumer Electronics Association, electronics were among the most purchased items over the Thanksgiving weekend.? Activision closed 3.49% higher on Monday.? Shares of Microsoft (NASDAQ:MSFT) and GameStop (NYSE:GME) also closed higher.
eBay Inc. (NASDAQ:EBAY) is poised for a strong holiday season, as consumers showed they were still willing to spend money this shopping season.? The company��s PayPal unit saw mobile payments increased more than six times year over year on Thanksgiving and Black Friday.? Shares closed more than 5% higher.
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