Groupon (GRPN) became a Zacks #5 Rank in February after another disappointing quarterly report. Since then, the stock has fought to stay above $8 but cannot seem to regain investor confidence as it tests $7.
Groupon also recorded net losses of $95 million in the last year, which is mainly due to the expenses related to impairment of the Groupon's investment in "Life Media Limited" (known as FTuan), which offers discounted products and services from vendors ...
Tomahawk, WI 04/07/2014 (Basicsmedia) - For Chicago-based Groupon Inc (NASDAQ:GRPN) the challenge is to differentiate itself from competitors in a business that is not built on top of anything proprietary or unique.
The animal rights group says it bought enough Groupon Inc (NASDAQ:GRPN) shares last week to be allowed to address the company at next month's annual meeting in Chicago, and to submit a shareholder resolution seeking policy changes.
Groupon Inc (NASDAQ:GRPN) has never been allowed comfort at the top of the social deals industry. The company has lost more than 70% of it value since it went public at the end of 2011, and competition seems to be constantly toughening.