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Technology Stocks : Groupon, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: zax who wrote (470)4/3/2020 4:05:50 PM
From: Glenn Petersen  Read Replies (1) | Respond to of 480
 
Wow! The stock price really imploded.

I just took a quick look at their last 10-K and didn't see anything that excited me.. They did have $750 million in cash at the end of 2019, but they also had $560 million in merchant liabilities. Plus their sales are still declining. Very limited working capital. I have to assume that their business is in the tank. They may be a better candidate for bankruptcy than acquisition.


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