Topic / Groupon

WSJ: Groupon investors jumping ship as stock price plummets

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Early investors of deals website Groupon are reportedly jumping ship as the company struggles with a plummeting share price and is now worth a quarter of what it launched its IPO back in November, according to the Wall Street Journal. The report claims that at least four investors who held stock before the IPO have sold or reduced their holdings significantly in recent months. Andreessen Horowitz, co-founded by Netscape’s Marc […]

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