Groupon IPO Shares Pop 40% On First Trade, Debuts At $28 With A $17.8B Market Cap

Fri, Nov 4, 2011

Outside Danville

After some timing drama, daily deal site Grouponfinally has begun trading on the NASDAQ this morning, in the most hotly anticipated and largest Internet company IPO since Google. The company — which trades under the ticker $GRPN — priced its shares at $20 last night, but began trading at $28, an increase of 40%. TechCrunch

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