LinkedIns debut might have been a catalyst for Groupon to move, because you can strike while the iron is hot and ride the momentum of the previous deal, said Bill Buhr, an IPO strategist at Morningstar. The current market is very supportive around any of these social networking deals, he added.
Date: Jun 05, 2011
Source: Google
Some question Groupon's value after losses disclosed in IPO
They spent a ton of money on a heady growth rate and we worry about that, said Bill Buhr, IPO strategist at Chicago investment research firm Morningstar Inc. At some point growth slows down and your financials are upside down.
Morningstar IPO strategist Bill Buhr said the offering's popularity surprised him, especially considering the challenges HCA faces and because it operates in a business known for tight profit margins.