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Groupon Spiked Lower; Analyst Says May Volume Disappoints
Wednesday, June 25, 2014 - 11:55am | 131Groupon (NASDAQ: GRPN) shares slipped as much as five percent Wednesday but then recovered, after an analyst said the company's volume of business in May was disappointing. Steven Weinstein of ITG Investment Research cut his estimate for domestic billings in the second quarter from $770 to...