Groupon Stock is Downgraded after Hitting All-Time Low

Groupon is not faring too well according to Bloomberg Businessweek. The deals company was downgraded due to missing an earnings estimate last week. The company’s stock has fallen 88% in the past year.

VentureBeat contributor Rocky Agrawal wrote yesterday that there’s simply nothing positive to be said about the company and recently argued that what we’re now witnessing is Groupon in its death throes.

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