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Groupon's former CEO gets fired share price picks up

Source: Internet
Author: User
Keywords Groupon Stock price
Tags close company media media reports not only office official stock
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Tencent Science and Technology News (Tan S) Beijing time August 11, according to foreign media reports, since Groupon's former CEO Mason Andrew Mason has been dismissed, the company's share price as of Friday close by more than one times.

After Mason was dismissed, Groupon co-founder Eric Levkovsky Eric Lefkofsky was appointed as interim CEO and soon became the official CEO. After Lefkofsky took office, Groupon not only raised profits, Lefkofsky also announced a 300 million dollar share repurchase plan.

Although Groupon's share price has rebounded, it is still only half the price of its IPO, so Lefkofsky still has a lot of work to do.

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