Groupon Is More Hype Than Value
Groupon's (GRPN) first quarterly report as a public company was not a good one. Shares fell more than 15% this morning and are struggling to regain some of that lost ground.
The report confirmed what many analysts had feared, that trying to understand how this company will turn into a profit-making enterprise is a murky proposition. The takeaway for investors? Owning shares in a social-buying site could be a classic love-hate relationship: a great business idea that leaves them holding the bag, hoping for returns....493 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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