Groupon GRPN shares tanked on the Monday open as investors started losing love for the company earlier in the year named as the fastest growing company ever. Groupon seems to have more than its fair share of problems, many of which may be deeply rooted in accounting technique and tax law.
I don’t know of any IPO that had as much coverage this year as the daily deal leader Groupon. Many investors see opportunity in the Groupon IPO, noting that it’s a market leading company.
Others, however, see the nonprofitable firm as just another tech boom sure to go bust. What I do know is that no matter your opinion on the company, it’s likely that you lean one way or another, but not right down the middle.
The hottest thing since sliced bread may soon be coming to a stock market near you: Groupon. The company, which is attributed with the title of the fastest-growing company in history, may be due for an IPO. As for how to value a future Groupon IPO, no one really knows.
