Interview With Groupon CEO Mason Regarding Shares Falling To New Low – ValueWalk Premium
Groupon earnings

Interview With Groupon CEO Mason Regarding Shares Falling To New Low

Groupon Inc (NASDAQ:GRPN) shares are at $4.57 today, down almost 9 percent, and reeling from a downgrade by Evercore Partners Inc. (NYSE:EVR) on concerns of a likely decline in billings.

According to Ken Sena, analyst at Evercore Partners Inc. (NYSE:EVR), “We see potential for future cash burn, assuming billing declines persist, as the deteriorating impact of ‘changes in accounts payable’ could be enough to offset growth in income earned.” Sena . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

0