Much-hyped online discount service Groupon is getting cold feet about going public, the Wall Street Journal reports.
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The company has already reportedly canceled an investor roadshow next week. It "isn't cancelling its initial public offering, said this person, but is reassessing the timing for an IPO on a week by week basis," due to stock market voltality The Journal added, citing an anonymous source close to Groupon.
So though the IPO might not be off, it'll likely at least be delayed from it's rumored post-Labor Day, September date.
Sure, the market has been especially shaky lately, but that's still an odd response from a company that was previously gung-ho about its prospects for revenue growth into the future.