Groupon Is Getting Clobbered Today

The post-IPO stock lock-up is over for Groupon insiders, and it’s destroying the stock.

It’s down almost 9% this morning, as investors dump shares.

In case you forgot, Groupon’s IPO was priced at $20.

GRPN

Photo: Yahoo Finance Screenshot

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

groupon sai-us