Groupon's Loss Widens; Stock Dives

Groupon Inc.'s stock plunged 26% after the daily-deals site capped a turbulent first year as a public company with a wider quarterly loss and a forecast for weak growth.

Chicago-based Groupon has turned a profit just once since going public and is struggling to rev up sales. It posted a net loss of $81.1 million for the fourth quarter, wider than its year-earlier loss of $65.4 million. Revenue rose 30% to $638.3 million, in line with the company's forecast but below Wall Street expectations.

The worse-than-expected performance and a spate of other problems, including shrinking margins and declining cash flow, ...

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