Yelp, Help! Groupon (GRPN) Hits New Post-IPO Low with Investors Reevaluating Positions
Tweet Send to a FriendGet Alerts GRPN Hot Sheet
Down)
Trade GRPN Now!
Groupon (Nasdaq: GRPN) shares are at a new low of $4.27 on Wednesday as a lack of catalysts remain to keep hope afloat.
Following second-quarter results released on August 13th, shares have closed lower all but one session...August 22nd.
The stock is down over 44 percent since the announcement.
Conversely, Yelp (NYSE: YELP) is ripping Wednesday as it appears no insiders are chomping at the bit to sell shares. Maybe Groupon needs another lock-up expiration to spur sentiment?
Shares are off 1.8 percent, rising off of session lows.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Following second-quarter results released on August 13th, shares have closed lower all but one session...August 22nd.
The stock is down over 44 percent since the announcement.
Conversely, Yelp (NYSE: YELP) is ripping Wednesday as it appears no insiders are chomping at the bit to sell shares. Maybe Groupon needs another lock-up expiration to spur sentiment?
Shares are off 1.8 percent, rising off of session lows.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Friday's Hot IPOs Get Even Hotter (MKTO) (DATA)
- Can AMD (AMD) Shake Off the Goldman Downgrade?
- Real Goods Solar (RSOL) Goes Parabolic
Create E-mail Alert Related Categories
IPOs, Insiders' Blog, Momentum MoversRelated Entities
Earnings
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
