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.
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
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The stock price of groupon has gone down for some months.Groupons sales increases by double fold every year during the holiday season when people tend to get gifts.
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