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November 5, 2011 07:19 am GMT
After going from selling slippers with flashlights to being a 10,000 employee-strong business in three years, Groupon had its initial public offering today, to much fanfare and well, the opposite reaction. The offering was priced at $20 and experienced an exuberant opening pop of $28, which after a day of trading settled down a bit to close at $26.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/SLNL0HIz_sc/
The Groupon IPO: Whats Everyone Worth?
After going from selling slippers with flashlights to being a 10,000 employee-strong business in three years, Groupon had its initial public offering today, to much fanfare and well, the opposite reaction. The offering was priced at $20 and experienced an exuberant opening pop of $28, which after a day of trading settled down a bit to close at $26.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/SLNL0HIz_sc/
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