Seeking Alpha

Adding to pressure on Groupon (GRPN) today is the company's response to an earlier SEC inquiry...

Adding to pressure on Groupon (GRPN) today is the company's response to an earlier SEC inquiry about a variety of the company’s accounting practices. The company promised to shore up its disclosure procedures, but stopped short of agreeing to outline the performance of individual products from travel to concert deals. The agency has been after the company to disclose more details on revenue from its new business lines and provide reasons behind the daily-deal site's financial revision this spring.
Comments (1)
  • Deja Vu
    , contributor
    Comments (1356) | Send Message
     
    Perhaps they will explain how they sell Groupon Goods without any inventory on the balance sheet...
    2 Nov 2012, 11:15 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs