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Groupon Stock Continues to Fall as Investors Dump Shares

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Groupon had a very well publicized IPO last November and since then, there has been trouble brewing for the group coupon giant. Both Wall Street and the Business Insider report that many major initial investors have left, however they also say that the investors that sold shares didn't lose anything. So what is scaring stock holders away from Groupon? [URL="http://www.ecommercetimes.com/story/75900.html?wlc=1345459308"]Wall Street[/URL] reports: "Groupon's difficulty in the market is in part due to the aggressive sales tactics the company used to grow so quickly," said Josh Crandall, principal analyst for Netpop Research. "Small businesses that have tried Groupon are now evaluating the ROI of their offers to understand the long-term impacts on their businesses."

For more on Groupon stock woes, also see [URL="http://www.businessinsider.com/marc-andreessen-groupon-2012-8?op=1"]Business Insider[/URL].

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Updated 08-22-2012 at 12:07 AM by IMC News

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