Msg#: 4515166 posted 7:07 pm on Nov 2, 2012 (gmt 0)
I don't even bother looking at the deals these days, but it can't be just me having that effect.
Since the stock exchange has come back online following the superstorm in the Northeast, Grouponís stock has fallen a catastrophic 13 percent to hit a new all-time low.Groupon Shares Hit a New Low [allthingsd.com]
While Sandy certainly had an impact on Groupon, itís not enough to justify todayís dip in its stock. Groupon has very much become a global company, and even a densely populated area like New York represents a relatively small portion of its overall business. Todayís drop has more to do with the companyís overall business, and is a reflection of the past year.