Groupon Inc, the daily deals company who has shot to fame in the last few years, is looking to raise $700 million in this IPO. The Company is selling 30 million shares, and will open at $20/share.
- 5 pm November 4th. Seeking Alpha explans why they would Invest In Groupon Over LinkedIn.
- 4 pm November 4th. GRPN Closes at 26.11 up 30% from it’s opening price.
- 3:16 pm November 4th. Fox Business does a round-up on the Groupon IPO in which it makes the supposition that “The level of demand Groupon’s IPO garners may serve as a good indicator for Wall Street’s current level of interest in new-age Internet companies.” Read full article.
- 2:33 pm November 4th. CNBC Discusses the Groupon IPO in this video
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- 2:03 pm November 4th.Investor, CEO and Editor-In-Chief of Business Insider Henry Blodget pens an article called Enjoy The Ride, Groupon Investors, I’m Outta Here!!. Very pessimistic of the entire Groupon Business Model Henry Blodget says “There is NO WAY I would own Groupon’s stock for the next few quarters at this price, given the business transition Groupon is currently undergoing.”
- 1:40 pm November 4th. Hedge Fund Manager and CNBC Regular Doug Kass announces in a tweet that he is “short Groupon today”
- 12:57 pm November 4th. Blogger Paul Kedrosky criticizes Goldman Sachs in a tweet to his followers “Goldman already profitability facilitating other side of GRPN: Lending at high negative rate to short-sellers. Such pirates.” he later clarifies in a tweet and says that he was “amused, not angered”
- 12:01 pm November 4th. Groupon Stock Looks About 65% Too Expensive
- 11:37 am November 4th. Tom Taulli reminds us that there are Tech CEOs Who Actually Like Groupon The group includes Payam Zamani, founder and CEO of Reply!, Dave Scott, CEO and founder of Marketfish, and Scott Sellers, CEO & co-founder of Azul Systems
- 11:26 am November 4th. Huffington Post Groupon IPO: Shares Soar In Public Market Debut The question remains as to how long they will hold these levels.
- 11:23 am November 4th. Groupon CEO: IPO is a “small milestone”
- 11:07 am November 4th. The Daily Beast Groupon’s No Bargain The Internet coupon guys are going public but would-be investors should stay away, because behind the scenes the company is a mess and the stock is risky, says Dan Lyons
- 10:54 am November 4th. GRPN opens at a market cap of about $18 billion. Chart via ZeroHedge
- 10:48 am November 4th. GRPN Surges 50% on open
- 10:41 am November 4th. NASDAQ annouces that GRPM will begin trading at 10:45
- 10:29 am November 4th. 247 Wall Street weighs in on The Groupon IPO Price Conundrum
- 10:20 am November 4th. Another picture of the Groupon Team at NASDAQ (via @monsieurBowden)
- 10:10 am November 4th. Mutual Fund Blogger at FundMyMutualFund tweets “$GRPN in the end is paid by the business, hence their opinion matters most. Without new repeat customers this model eventually flails.”
- 10:00 am November 4th. Wall Street Journal Blogger Shira Ovide reminds of companies who are now “worth less” than Groupon. These companies include Blackberry-maker Research in Motion, Xerox Corp. or The Gap
- 10:00 am November 4th. Rakesh Agrawal reminds his followers on twitter “Caveat emptor: Remember, Groupon stock not covered by the Groupon Promise. If Groupon stock lets you down, you’re SOL.”
- 9:55 am November 4th.Groupon prepares to IPO at highest valuation since Google
- 9:36 am November 4th. [Pic] Congratulations GRPN! What a big day!
- 9:34 am November 4th. [Pic] The Groupon Team gets ready to ring the bell at NASDAQ
- 9:01 am November 4th. Business Insider writer Jay Yarow predicts that Groupon Is Already Set To Open With A Monster Spike
- 5:51 am November 4th. ZDNet Blogger Larry Dignan give us the “Numbers to Know” editorial at the top of the piece summarizes the situation as “Groupon’s IPO will be closely watched because it’s largely a total crapshoot“
- 12:34 am November 4th. Bloomberg Reports Groupon Taps Top Silicon Valley Bankers to Defy IPO Skeptics
- 8:35pm November 3rd. MarketWatch gives a grim view of the Groupon IPO: “Moatless, rudderless Groupon now worth $12.7 bln”
- October 31st Kara Swisher of All Things D weighs in on why Groupon added 5M more shares to their IPO Exclusive: Groupon Prices at $20 a Share; More Than 10x Oversubscribed, So It Adds 5M More Shares to illustrate this point, she adds a picture of a cat
- October 31st. INSIDE GROUPON: The Truth About The World’s Most Controversial Company“
- October 30th. The Reformed Broker gives us a skeptical look at the Groupon IPO with his “Groupoem“
