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Is Groupon Cheap?

Talking Numbers

Are Groupon’s shares a discount or are they trading at luxury prices?

Groupon announced today that it will be launching “Groupon Reserve”, a service that allows its customers to book high-end restaurants and potentially get up to a 40% discount. But are Groupon’s shares a discount or are they trading at luxury prices?
On CNBC’s Closing Bell’s Talking Numbers segment, Carter Worth, Chief Market Technician at Oppenheimer, and Marc Lichtenfeld, Associate Investment Director at the Oxford Club, discuss if Groupon if its stock is worth picking up.

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