Groupon's First Week on NASDAQ: Down 7%

After all the hullabaloo last week when Groupon debuted on NASDAQ, this week hasn't seen any big Groupon news. Instead, the company's scribbled down to a low on Wednesday of 23.61 and then bounced back a bit to end the week at 24.25, down from its open at 28.

Here's the chart:

groupon_615.jpg

At the current share price, the company has a market value of more than $15 billion, greater than Delta and United Continental Airlines combined. That said, Groupon is among the top ten companies people are betting against; 5.5 percent of the company's shares are held by short sellers.
Presented by

Why Principals Matter

Nadia Lopez didn't think anybody cared about her middle school. Then Humans of New York told her story to the Internet—and everything changed.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register with Disqus.

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

A History of Contraception

In the 16th century, men used linen condoms laced shut with ribbons.

Video

'A Music That Has No End'

In Spain, a flamenco guitarist hustles to make a modest living.

Video

What Fifty Shades Left Out

A straightforward guide to BDSM

More in Technology

Just In