Retail, Groupon | featured news

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Groupon Shares PLUMMET

Many retailers are enjoying a Thanksgiving shopping spree lift from investors, but not Groupon. Its shares closed today down nine percent, settling at $15.24 after bouncing off a new low of $14.85. That’s less than half the $31.14 that some investors paid at the stock’s high point, just after it went public in early November. More recently, it has been trading in the low to mid-$20s.

 

Why E-Commerce Is Flourishing

Services like Groupon and TheFind.com are using social media and other online tools to lure ever more customers.

 

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