Groupon Inc (GRPN)'s $20b Of Snake Oil Is Now Only Worth $1.8bVW Staff
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.
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible