As Lock-Up Expires, Groupon’s Shares Plunge – NYTimes.com

As Lock-Up Expires, Groupon’s Shares Plunge – NYTimes.com.

While the stock markets have been having a bad day on Friday, Groupon has been having a really bad day.

Shares in the online coupon giant tumbled as much as 10 percent on Friday, and by midafternoon remained mired at about $9.65 a share. That’s less than half of Groupon’s offering price of $20 a share.

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