Groupon (GRPN) U.S. Market Share Said to Drop 3 Points in Q2
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Groupon (Nasdaq: GRPN) shares are showing more weakness following headlines from Yipit that it may have lost some U.S. market share.
According to the site, Groupon's U.S. market share fell 3 points to 53 percent in the second quarter from the prior period.
Following an initial dip, Groupon shares are down about 0.6 percent Wednesday.
According to the site, Groupon's U.S. market share fell 3 points to 53 percent in the second quarter from the prior period.
Following an initial dip, Groupon shares are down about 0.6 percent Wednesday.
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