Groupon (GRPN) +0.8% after Reuters reports (citing an internal memo) sales chief Chris Muhr has...

|By:, SA News Editor

Groupon (GRPN) +0.8% after Reuters reports (citing an internal memo) sales chief Chris Muhr has been put in charge of the company's EMEA ops, and international SVP Velt Dengler is leaving after being hired only in April. Poor European sales, partly blamed on technology issues and a focus on high-end deals, were heavily responsible for Groupon's Q2 revenue miss. (sales personnel losses)