Back to Search Start Over

Groupon Fails to Meet Expectations.

Authors :
REUTERS
Source :
New York Times. 11/9/2012, Vol. 162 Issue 55950, p6. 0p.
Publication Year :
2012

Abstract

The article focuses on the financial results reported by Groupon on November 8, 2012, which fails to meet the expectations of Wall Street as the company failed to turn around its struggling European business. It states that the company laid off 80 employees as part of the effort for automation. It adds that the shares of the company fell as low as $3.21 in after-hours trading, which is a decrease of as much as 18% from their closing price of $3.92.

Details

Language :
English
ISSN :
03624331
Volume :
162
Issue :
55950
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
83247710