Barclays Capital Equity Research analyst Mark May told CNBC Thursday he is willing to cut Groupon some slack on its first quarterly loss, but he is troubled by the online daily deal site not fully disclosing customer and merchant data.
“We always prefer more disclosure than less,” said May, Barclays’ Internet analyst, about the lack of information on the number of Groupon subscribers and its featured merchants.
“We definitely heard pushback from large investors on that topic. That’s something to pay attention to,” he said.