If you've followed Groupon (NASDAQ: GRPN ) for any period of time, this has to feel like deja vu: CEO Eric Lefkofsky and team deliver stellar results nearly across the board, for both the fourth quarter and the year, and get absolutely blasted by ...
Investors buying into shares of Groupon (NASDAQ: GRPN ) with the expectation that it would turn a profit during its fourth quarter are likely disappointed after the company reported lackluster results.
Daily deals leader Groupon (GRPN +7.4%), clobbered last week following its Q4 report, is following Zulily higher. E-commerce marketing services providers RetailMeNot (SALE +2.2%) and ChannelAdvisor (ECOM +2.5%) are also posting decent gains.
Groupon Inc (NASDAQ:GRPN) has been struggling since it filed for its initial public offering, as investors turn bearish. However, Deutsche Bank analysts believe the company is in the midst of a successful turnaround.