Is Groupon Stock A Smart Buy or A Sucker's Bet?
Groupon’s $750 million IPO announcement this week unveiled a lot of details about the company, and some of the details were surprising. The Wall Street Journal reports “it has been racking up huge losses, and such Internet powerhouses as Google Inc. and Facebook Inc. are moving to enter its business.” The story adds that Groupon lost hundreds of millions of dollars last year and the first quarter of this year combined.
Will they reflect badly on the daily-deal leader, from a public relations standpoint?
Probably not any worse than its Superbowl
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