Daily-deals provider Groupon has gone public at last, and its shares soared from the start.
In the opening minutes, Groupon was trading up to $29.20, a 46 percent gain on its opening price of $20 per share.
Groupon closed out its first day on the market up 30 percent to $26.11.
Investors and Groupon watchers who had been awaiting the long-anticipated initial public offering had to wait a little extra time this morning. Groupon, which trades under the ticker symbol GRPN, didn't debut till an hour or so after the start of trading on the Nasdaq.
The … Read more