Monday, August 27, 2012

Groupon - even our stock price is low!

So what's up with one of the hottest IPOs of last year - Groupon?

Ouch.  That doesn't look good.

Aswath Damodaran takes a close look at whether GRPN is a bargain or in a death spiral.  I'd say the latter.

Readers of this blog probably aren't surprised that most IPOs do badly.