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Monday, August 13, 2012

This Chart Sent Groupon Crashing

CHART OF THE DAY: This Chart Sent Groupon Crashing


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Monday, August 13, 2012
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This Chart Sent Groupon Crashing

Groupon can't buy a break. As it approached the public markets the company was taunted as a ponzi scheme. Its critics believed it would never really make money. They believed it was a flawed company.

Today, it's cut back on marketing spending, revenue is growing, and shocker, it's making money.

But fickle investors don't care about that anymore. Their concern is that the company's gross billings -- a better indicator of the company's core business, which is selling coupons -- are down on a sequential basis.

Read »


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