Groupon earnings

CEO Andrew Mason Out at Groupon After Stock Plummets

Andrew Mason has been ousted as CEO of Groupon, the company announced just after the markets closed on Thursday. Mason will be replaced by the newly created Office of the Chief Executive while a successor is sought.

Why Groupon May Start Looking Like a Better Deal This Week

Daily deals leader Groupon had one of the worst post-IPO performances of the past year: Since it went public last November at $20, it has shed roughly 80% of its value. But analysts expect a small profit out of Groupon when it reports on Thursday.