CNBC Power Lunch September 19, 2012
he is richard maddigan. with us from jpmorgan's private bar bank. the market has questions. today he has answers. we talk about groupon? let's start with this chart. since the ipo in november of 2011, it is down 70%. obviously not good if you hold the stock. today, however, we have a gain of 9% in groupon as the ceo starts talking about his company's future. julia boorstin will speak with him live. but first julia has more on his plan for his ailing stock and the company. julia? >> reporter: sue, some news from groupon today. it's taking on the big guys. square, american express,...
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