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>> CHICAGO Latest News

FEB 27, 2013 - New York Post

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Daily-dud Groupon takes $1B punch

Groupon lost about $1 billion in value last night after its fourth-quarter performance disappointed investors.Shares of the daily deals site tumbled almost 26 percent in extended trading after the Chicago company reported its quarterly loss widened to $81 million from $65 million last year.Revenue rose 30 percent to...

Tags: Daily-dud Groupon takes $1B punch,  Chicago Latest News