CEO David Trainer sat down with Chuck Jaffe of Money Life and MarketWatch.com to talk about our Danger Zone pick this past week: Groupon (GRPN).
Groupon went public in late 2011 with hopes of revolutionizing the way consumers interacted with merchants. GRPN shares have since fallen over 75%, and we believe they will fall further. A bad business model, lack of profit growth, and extreme competition put Groupon in the Danger Zone this week.
Photo Credit: Wangdangle (Flickr)