Monday, April 30, 2012

Groupon Plunges

Did you see the shares of $GRPN - Groupon, plunge over 10% today?  Here's a company that had the online coupon market on fire for awhile.  I know there are some peculiarities regarding their accounting, but above that I just wonder how viable the business is long term.  

After all, a lot of companies are now sending deals of the day.

blog comments powered by Disqus