Groupon shares fall as Q2 results miss analysts estimate

Shares of Groupon (GRPN) fell 7% during the pre-market trading after the company reported second-quarter results as it missed analysts estimates on both top-and-bottom lines. The stock continued to trade in the negative zone during the early regular trading hours. The results were mainly hurt by $75 million charge related to the IBM litigation. During … Continue reading Groupon shares fall as Q2 results miss analysts estimate