[Reuters] Groupon shares drop after Sandy hit U.S. merchants

Posted by: UGN Security

[Reuters] Groupon shares drop after Sandy hit U.S. merchants - 10/31/12 12:05 PM

SAN FRANCISCO (Reuters) - Groupon Inc shares fell more than 8 percent on Wednesday, matching a record low of $4 at one point, on concern Hurricane Sandy will temporarily dent demand for the company's daily deals.