Another quarter of dismal revenue growth and a shift to a business model that’s less profitable, dumps Groupon Inc (NASDAQ:GRPN)'s stock to its lowest trading price since the company’s IPO one year ago. ValueWalk was the first to predict trouble for Groupon stock. We called the company’s IPO “$20 billion worth of snake oil” on the day it went public.
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
