Groupon tumbles; Priceline gains on robust results

NEW YORK (MarketWatch) - Shares of Groupon Inc. dropped in premarket trade Friday while Dish Network Corp. and Aruba Networks Inc. shares gained after reporting earnings.

Gainers

Shares of Aruba Networks Inc. rose 8.8%. The company said it plans to buy back an additional $200 million of its shares. The company's adjusted per-share earnings fell to 18 cents in the fiscal second quarter from 22 cents a year earlier, while revenue rose 14% to $176.4 million. Quarterly results beat expectations.

Dish Network Corp. shares rose 3.4%. The company posted a bigger-than-expected increase in fourth-quarter profit on Friday, with per-share earnings rising to 63 cents from 46 cents.

Priceline.com Inc. shares rose 2.1%. The online travel agency reported Thursday its fourth-quarter adjusted earnings rose to $8.85 a share, topping expectations. Priceline's gross bookings jumped 39% in the quarter.

Decliners

Groupon Inc. shares dropped 12%. The daily-deals website said late Thursday it Before the Sale, WhatsApp CEO Detailed Freedom of Being Ad-FreeBefore Facebook bought WhatsApp for $19 billion, the messaging app's CEO and founder Jan Koum spoke at a conference in Munich about the company's success using an ad-free monetization scheme.expects a first-quarter per-share loss of 2 cents to 4 cents, missing expectations of a 5-cent gain, according to a FactSet survey. Read a recap of MarketWatch's live blog of Groupon's earnings call .

Nordstrom Inc. shares fell 1.3%. The luxury retailer said Thursday it expects full-year per-share earnings of $3.75 to $3.90, less than the $4.07 a share expected by analysts polled by FactSet. In its earnings report, the company said same-store sales at its namesake brand fell 3.3%, while direct comparable-store sales increased 30%.

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