Back to Search
Start Over
Groupon Fails to Meet Expectations.
- 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