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Why Groupon Shares Got Clipped

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Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of daily deal site Groupon (Nasdaq: GRPN  ) were clipped by as much as 10% today following the end of the insider lock-up period.

So what: Today marked the end of the 180-day lock-up period, which allows certain corporate insiders to sell shares of the company. The remaining 93% of shares held back since the IPO will now be available for trading, but insider sales could add continued downside pressure on the already weakened stock.

Now what: What, you actually thought you could go a week without drama from Groupon? Groupon can't catch a break thanks to its multiple accounting snafus and the small barrier to entry that has allowed for increased competition from Microsoft's MSN Offers; Living Social, which has financial backing from Amazon.com; and now Google, which has integrated daily deals into its Maps platform. Groupon shareholders could get lucky and insiders may not sell many of their shares, but when has anything gone investors' way with this stock? Now we just watch and wait for those SEC filings to roll in.

Craving more input? Start by adding Groupon to your free and personalized watchlist so you can keep up on the latest news with the company.

Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.

The Motley Fool owns shares of Microsoft, Amazon.com, and Google. Motley Fool newsletter services have recommended buying shares of Microsoft, Amazon.com, and Google, as well as creating a bull call spread position in Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


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Sean Williams
TMFUltraLong

A Fool since 2010, and a graduate from UC San Diego with a B.A. in Economics, Sean specializes in the healthcare sector and in investment planning topics. You'll usually find him writing about Obamacare, marijuana, developing drugs, diagnostics, and medical devices, Social Security, taxes, or any number of other macroeconomic issues.

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Related Tickers

7/2/2015 4:00 PM
GRPN $4.85 Down -0.05 -1.02%
Groupon, Inc. CAPS Rating: *

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