Groupon Off 10% as 93% of Shares Become Eligible for Sale
Posted on June 01, 2012 at 14:54 PM EDT
Shares of Groupon (GRPN) are down $1.02, or almost 10%, at $9.62, following the six-month lock-up expiration for the shares, allowing insiders to sell more of the stock, as noted today by Groupon’s home-town paper, The Chicago Tribune, in a story by Wailin Wong. As Wong notes, insiders were free today for the first time [...]