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November 30, 2011 03:05 pm

Groupon Not Doing So Well On Wall Street


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.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/CsFLImtQqpM/groupon-not-doing-so-well-on-wall-street

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