Denny Hamlin won't be getting a raise based on NASCAR's downturn economics [Los Angeles Times (CA)]
Groupon, Inc. (GRPN)
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Source: Los Angeles Times
Denny Hamlin won't be getting a raise based on NASCAR's downturn economics NASCAR’s business model keeps downsizing to the scale of Groupon and Overstock.com, with a dash of the Dollar Store. Everyone wants to pinch pennies. Faced with drops in sponsorships, the inability to pay top drivers, sagging attendance and drops in TV viewership, NASCAR is in scramble mode going into the 2018 season. But that’s not just me talking. NASCAR Chairman Brian France admitted over the weekend that the sport could be in for some drastic changes as it looks to keep expenses from running out of control. “There’s a lot more we can do, and we’re going to do it,” France told NBC Sports at Charlotte Motor Speedway. “That’s what the charter opportunity gives the chance to do. We’re working with [teams] to see how we can control expenses in a way that has not been done in motor sports before.” The notion of a spending cap has been floated. This is where things get complicated because it’s impossi
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News
- Groupon, Inc. (NASDAQ: GRPN) had its "buy" rating re-affirmed by analysts at Roth Mkm. They now have a $28.00 price target on the stock.MarketBeat
- Groupon (GRPN) Loses -39.45% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner [Yahoo! Finance]Yahoo! Finance
- Groupon, Inc. (NASDAQ: GRPN) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Groupon (GRPN) Q4 Earnings Beat Estimates, Revenues Down Y/Y [Yahoo! Finance]Yahoo! Finance
- Groupon Reports Fourth Quarter & Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
GRPN
Earnings
- 11/9/23 - Miss
GRPN
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/15/24 - Form 8-K
- GRPN's page on the SEC website