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Sorry David but that makes no sense. Why aren't US companies with large exposure to Europe falling +10% too? Groupon's exposure to European countries going thro
by antr 15y ago
Sorry David but that makes no sense. Why aren't US companies with large exposure to Europe falling +10% too? Groupon's exposure to European countries going through the debt crisis is negligible. It's only Groupon
- brosephius 15y agoWhile there isn't enough trading history to say with confidence, I don't think it's unreasonable to say that GRPN has a pretty high beta to the broader market, so I would expect it to rise (or fall) several times the % of (most of) the rest of the market.
- antr 15y agoCompletely agree, the beta is well above 2 (my guess)