Nov 9 2012
12:22 pm

Groupon shares are off nearly 29% this morning, down to $2.80 after a disappointing earnings report. The company has lost nearly 90% of its value since IPO. When do they get delisted?

Pickens's picture

reverse stock split

They may try to artificially increase the price by doing a reverse stock split to stave off delisting. For example for every 3 shares you own at $2.80 each, you now own one share at $8.40.

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