Groupon shareholder urges board to modernize platform and boost buybacks

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Groupon Shareholder Nick Nemeth Urges Board to Revamp Platform, Rebrand for the Thrifting Generation, and Accelerate Buybacks

May 13, 2026 6:45 AM EDT

SANTA BARBARA, Calif., May 13, 2026 (GLOBE NEWSWIRE) -- Nick Nemeth, a shareholder of Groupon, Inc. (NASDAQ: GRPN) holding approximately 37,000 shares of common stock (approximately 0.1% of the Companys outstanding shares), today publicly released an open letter to the Groupon Board of Directors urging the Company to prioritize its consumer platform, modernize the brand, and accelerate capital return. Mr. Nemeth publishes equity research under the Mispriced Assets banner through his firm, Wyandanch Consulting LLC.

Mr. Nemeth personally holds 37,000 shares of Groupon common stock approximately 0.1% of shares... More