A bummer month for Groupon shareholders
Many retailers are enjoying a Thanksgiving shopping spree lift from investors, but not Groupon.
Its shares closed today down nine percent, settling at $15.24 after bouncing off a new low of $14.85. That’s less than half the $31.14 that some investors paid at the stock’s high point, just after it went public in early November. More recently, it has been trading in the low to mid-$20s.
Groupon Stock Falls by 9 Percent - Tricia Duryee - Commerce - AllThingsD
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