IPO Watch: Groupon Could Raise Price

The resurgence of the stock market in October has led Groupons management team
to consider increasing its IPO (Initial Public Offering) price. IPO Watch:
Groupon Could Raise Price Groupons potential float has been seen by many as a
bellwether for the short term future of tech IPOs, and what looked like it would
be a homerun has been slowly scaled back amid concerns about risk among
institutional investors. The original prospectus filed with regulators outlined
a sale of 30 million shares at between $16 and $18, but a trailblazing East
Coast trip, aimed at encouraging investment in the company, has been met with an
excellent response. Groupon will face an uphill battle, not only in convincing
investors to part with their cash, but also in the Daily Deals business itself.
Google, a company which has long-coveted a position in the sector, recently
added a wide range of partnerships to its own Offers portfolio, and they are not
alone. November 4 will see all of the questions about the IPO answered, of
course, with Groupon trading under the ticker NASDAQ:GRPN.