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Added to YB: 2025-06-11

Pitch date: 2025-06-09

GRPN [bearish]

Groupon, Inc.

-4.6%

current return

Author Info

The Captain's Log is run by Lauren Balik and shares independent investment research (mostly shorts). Sign up for the newsletter.

Company Info

Groupon, Inc. operates a marketplace that connects consumers to merchants by offering goods and services at a discount in North America and international.

Market Cap

$1.4B

Pitch Price

$31.50

Price Target

N/A

Dividend

N/A

Sector

Broadline Retail

Category

N/A

Show full summary:
Groupon Has Become a GLP-1 Affiliate Marketing and Bootleg Microsoft Office Racket

GRPN short: Stock up 174% YTD on fake turnaround. N.America Local growth driven by GLP-1 weight loss meds (sketchy providers) & MS Office 2024 keys, both categorized as 'Local' not 'Goods'. GLP-1 shortage over, MS Office cycle ending. Czech mgmt team hides these drivers on earnings calls. Customers stockpile trial offers vs recurring revenue.

Read full article (13 min)