Sunday, May 13, 2012
Google, Facebook and Mobile Flush Groupon Down the Toilet
1:05 AM | Posted by
EZ TWEETER |
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Online daily deal provider Groupon, once the darling of Wall Street, has had its share of woes in recent months. Its stock is down over 50% from November's IPO price, thanks in part to a pending SEC investigation of the company’s Q4 2011 earnings restatement (actual net revenue was significantly lower when refunds to consumers for unused deals were factored in).
via Social Media Today - The world's best thinkers on social media http://feedproxy.google.com/~r/socialmediatoday_allposts/~3/U439d4GcQBw/google-facebook-and-mobile-flush-groupon-down-toilet
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