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Groupon Not Doing So Well On Wall Street

Posted by Unknown on from the bad-business-idea-is-bad dept.

bdking writes "Shares of the daily-deals site were up Tuesday, but Groupon's ride on Wall Street since going public in early November has been almost all downhill. And there's no evident catalyst to reverse the slide." From the looks of it, Groupon is blowing all of its money attempting to expand in the face of ever-growing competition in a market with trivial start-up costs.

1 of 140 comments (clear)

  1. News for Nerds by Anonymous Coward · · Score: -1, Offtopic

    Can someone explain how Groupon, a business with no tech relevance other that its on the Internet (and who isn't these days) or its stock performance can be considered news for nerds?

    Editors, please stay in your lane. This site is getting ever more irrelevant the further it gets from its original purpose.

    This is an on-topic meta comment.