$GRPN -30% yesterday – Lost 9 Billions in 4 years $Market Cap

November 5, 2015 12:06 am / Published in FED, GRPN, Rate
Exactly four years ago, Groupon Inc’s initial public offering was priced at $20, valuing the company at $13 billion. The stock fell 30 percent on Wednesday to as low as $2.79, giving the operator of daily deals website groupon.com a market value of less than $2 billion. FED Wall Street edged lower after Federal Reserve