iBankCoin
Joined Nov 11, 2007
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Groupon Hitting the Skids Again; Stock Worth Less Than Google’s Offer Two Years Ago -$GRPN

“Groupon’s stock just crashed through $9, hitting a post-IPO low.

That’s down more than 55% from the IPO price of fewer than 6 months ago.

That also translates to a market cap of less than $6 billion.

For what it’s worth, that’s the amount that Google offered to buy Groupon for, in cash, in the fall of 2010.

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