Groupon misses earnings, again.
Originally published on Kapuno in the Technology community
🔗 Today’s Earnings: Groupon to post 3Q results (Article)
From CNBC article:
“Groupon went public a year ago at $20. Its stock has lost roughly 80 percent of its value since then amid concerns about its business model and ability to grow.”
Responses
Roger Dickey
November 09, 2012
Good question is why are they doing better than ZNGA by mkt cap as multiple of revs? Both companies IPO’d around the same time, and have had a hit either on just one platform or with just one product.
Cyrus Radfar (November 09, 2012)
I’ve thought that Zynga, like it or not, has taken the dive as its value has been pinned to that of Facebook. Seems they need to focus on marketing efforts to show that their revenue is not completely dependent on FB.