Groupon's First Week on NASDAQ: Down 7%

By Alexis C. Madrigal

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.

This article available online at:

http://www.theatlantic.com/technology/archive/2011/11/groupons-first-week-on-nasdaq-down-7/248365/