Groupon could be undervalued by $1 billion, analyst contends

Groupon was once a market darling, then a market disappointment. Is it now significantly undervalued? That’s the conclusion of at least one analyst, Gene Munster of Piper Jaffray, who said Groupon’s (NASDAQ: GRPN) market value of $5 billion doesn’t properly account for the Chicago-based company’s potential for selling off units to bolster its core e-commerce marketplace business, according to a report by Bloomberg...