Shares of Chicago-based Groupon closed up more than 12 percent in trading Friday, a day after CEO Andrew Mason was fired.
The stock gained 57 cents to close at $5.10.
The departure follows another disappointing quarter with new concerns that customers have tired of the restaurant, spa and Botox deals that Groupon built its business on.
Share new hires, promotions and employee accolades with the region's business leaders.
Up-to-the-minute business news, thoughtful analysis and valuable strategic insights for Milwaukee and Southeastern Wisconsin business leaders.
Copyright © 2024 BizTimes - Milwaukee Business News. All Rights Reserved.
Holiday flash sale!
Limited time offer. New subscribers only.
Subscribe to BizTimes Milwaukee and save 40%
Holiday flash sale! Subscribe to BizTimes and save 40%!
Limited time offer. New subscribers only.
