Radar Movers: Groupon Clips CEO, Herbalife Makes Deal With Carl Icahn

  Google+  Twitter | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Groupon (NASDAQ:GRPN) shares received a small bounce in late afternoon trading. The company’s chief executive officer Andrew Mason will be replaced. In a press release, co-founder Eric Lefkofsky explains, “On behalf of the entire Groupon Board, I want to thank Andrew for his leadership, his creativity and his deep loyalty to Groupon. As a founder, Andrew helped invent the daily deals space, leading Groupon to become one of the fastest growing companies in history.” The announcement comes after another disappointing quarter and a 24 percent plunge in the stock price.

The stock market is roaring back in 2013. Click here now to discover winning stocks!


More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business