Groupon (GRPN) Shares Rebound 70% From Recent Low

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					Robert DeFrancesco’s
TechStockProspector.com
November 28, 2012


Groupon (GRPN) Shares Rebound 70% From Recent Low
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*Fortinet and Palo Alto Networks battle it out
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Yesterday just before the close of trading, AllThingsD reported that several
Groupon (GRPN, $4.42) board members have been having serious discussions
about “making major leadership changes” at the company, including possibly
replacing co-founder Andrew Mason as CEO.

As part of a regularly scheduled meeting tomorrow, the board is expected to talk
about the possibility of looking for a new CEO, according to The WSJ.

ATD’s Kara Swisher was quick to point out that any replacement move “is not likely
to happen immediately, or at all” and that “changes are likely to be done with the
involvement of Mason.” Mason today said that he would prefer to stay in the top
spot.

Groupon shares today finished up more than 11% on active volume. The stock has
bounced 70% from the November 12 low of $2.60.

It looks like Tiger Global Management made a savvy short-term move when it
purchased a 9.9% stake in Groupon earlier this month.

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Description: A possible management shake-up at Groupon?