Groupon Stock Plunges to New Low

80 workers laid off as firm faces trouble in Europe

By Matt Cantor,  Newser Staff

Posted Nov 9, 2012 5:10 AM CST

(Newser) – Saddled by weak performance in Europe, Groupon's struggles continue: Its shares dropped to $3.25 in after-hours trading yesterday, sinking below analysts' already muted expectations. The plunge marked a 17% drop from its $3.92 closing price. Since its IPO, the company has lost...   Read full story »


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