Tuesday, November 29, 2011

Groupon Stock Falls by 9 Percent - Tricia Duryee - Commerce - AllThingsD

A bummer month for Groupon shareholders

Many retailers are enjoying a Thanksgiving shopping spree lift from investors, but not Groupon.

Its shares closed today down nine percent, settling at $15.24 after bouncing off a new low of $14.85. That’s less than half the $31.14 that some investors paid at the stock’s high point, just after it went public in early November. More recently, it has been trading in the low to mid-$20s.

Groupon Stock Falls by 9 Percent - Tricia Duryee - Commerce - AllThingsD

Post a Comment