clock menu more-arrow no yes

Filed under:

Possibility for Groupon's Stock Price?

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

As Groupon shares head to the crapper, many smart and risky investors are taking the plunge. Groupon shares closed down 2.5% at $13.55, its seventh down day in a row and a new record low from their November debut at $20. Groupon has got some foreseeable turbulent times for the next few quarters as another challenge for Groupon is the pending IPO of Facebook Inc., expected as early as next month which may lure investors away from the Groupon pie. [Crain's]