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Groupon Inc. (GRPN) Is Losing Ground On Revised Q4 Results

Groupon Inc. (GRPN) announced revised fourth quarter financial results after the close Friday. The revisions resulted in a reduction to fourth quarter 2011 revenue of $14.3 million and earnings per share by $0.04.

Groupon gapped open sharply lower Monday and is now down 2.05 at $16.33. The stock has has fallen below a 3-week range and has set a 4-month low.

by RTTNews Staff Writer

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