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Why Groupon Stock Lost 15% in July

TheMotleyFool

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Groupon (NASDAQ: GRPN) stock underperformed a booming market last month. Shares fell 15% compared to a 5.5% increase in the S&P 500 in July, according to data provided by S&P Global Market Intelligence.

The slump added to a difficult year for investors in the shopping app service, with shares down over 60% so far in 2020.

Image source: Getty Images.

Source Fool.com

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