Groupon Drops on Concern Merchants Retreating

Groupon Inc. (GRPN) shares fell 6.6 percent after a survey from Susquehanna Financial Group indicated that about half of merchants that have offered a daily deal have no plans to do so again in the next six months. Groupon dropped (GRPN) $1.36 to $19.27 at the close in New York. The shares are …

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This entry was posted on Tuesday, January 3rd, 2012 and is filed under Science.

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