And at 9:30 the next morning, or thereabouts, Groupon's stock, GRPN, will "open" for trading. (And lots of the institutional investors who were allocated stock will immediately "flip" it to suckers for an instantaneous gain, but that's another story.)
The stock is down in after-hours trading after the company missed analyst estimates on revenue and gave worse than expected guidance. An immediate 10% after-hour drop followed a 5% drop during the day. Since September the stock
NEW YORK (CNNMoney ... (GRPN) sold 35 million shares at $20, raising $700 million. The online deal provider is making only 5% of its shares available for trading, leaving plenty of room for further offerings. The opening print of Groupon's …
Groupon stock spiked 23% on Friday. Why? Ken Sena of Evercore Partners says shorts got squeezed on a "a swirl of …
Groupon's stock (GRPN) fell nearly 8% when insiders were freed from lock up in 2012. Shares of LinkedIn (LNKD) fell more than 6% on its lock-up expiration day. In a sign of the heavy selling, Twitter was one of the most actively traded stocks …
Groupon (NASDAQ: GRPN) released its fiscal second-quarter earnings results after the closing bell on Wednesday. The company reported earnings per share that were in line with analysts' consensus estimates and revenue that came in …
Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here. Nu Skin Enterprises (NYSE: NUS) …
Groupon shares are climbing Friday as the dust settles after the firing of co-founder and CEO Andrew Mason. The stock rose 57 cents, or 12.8 percent, to close at $5.10, regaining some ground from Thursday's dramatic investor reaction to …
Southern Copper also fell as copper hit a 4-month low. Heinz - The stock was trading at levels not seen since November 1998. Novartis - The FDA said it could not conclude that the drug maker’s multiple sclerosis pill was related to …
With shares of Groupon (GRPN) and Facebook (FB) hitting all-time lows in recent days, it may be easy to criticize the companies' high valuations. But the two firms have plenty of company in the IPO world. Many companies' stock prices …