Contrary to an earlier report, Groupon (GRPN) is keeping the anticipated price range for its IPO at $16-$18/share, according to a just-filed S-1. This would indicate an IPO size of $480-$540M, and a value for the company of $10.1-$11.4B.
Let it go up. This will be one of the great IPO flops of all-time. Give it a month, then short with both hands!!!
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