Interview With Groupon CEO Mason Regarding Shares Falling To New LowVW Staff
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 . . .
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