S&P 500
7,401.00
+0.91%
Dow Jones
49,665.70
+0.19%
Nasdaq 100
29,241.00
+2.43%
Russell 2000
2,860.88
+0.82%
FTSE 100
10,263.70
+0.48%
Nikkei 225
63,767.70
+2.68%

Investing

Facebook, Groupon Join Today’s 52-Week Low Club

Photo of 247sam
By 247sam Updated Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
For 24/7 Wall St.’s 52-week low club, we have two well-known Internet companies who have struggled since their respective IPO’s. One company was on our list yesterday, too.

Shares of Facebook Inc. (NASDAQ: FB) fell 6.27% to $19.87 on trading volume of 156.5 million shares. The company’s 90-day lockup after its initial public offering ended Thursday, and 271 shares hit the open market today. The market value of the company has been cut nearly in half since its IPO, where shares were priced at $38.

Shares of Groupon Inc. (NASDAQ: GRPN) fell 6.02% to $5.00 on trading volume of 33 million shares. Equities analysts hit CNBC Thursday to express their concern over Groupon, who made the Wednesday’s club as well. The market value has been cut 75% since its IPO in Nov. 2011, where shares were priced at $20.

Samuel Weigley

Photo of 247sam
About the Author 247sam →

Continue Reading

247sam |

24/7 Wall St. ’52-Week Low Club’

24/7 Wall St. is introducting the “52-Week Low Club” where we point out the big stocks that reached their 52-week low…

247sam |

Facebook, Molycorp Join ’52-Week Low’ Club

Today’s 52-week low club, the third in 24/7 Wall St. history, includes a repeat guest and a newcomer. Groupon (NASDAQ: GRPN) also…

5 Cult Stocks Getting Absolutely Destroyed After Earnings
Jon C. Ogg |

5 Cult Stocks Getting Absolutely Destroyed After Earnings

Cult stocks can fall from grace rather quickly — even if they haven't been in the good grace of the…

247sam |

Today’s ’52-Week Low’ Club

New(ish) Internet initial public offerings were a part of the 52-week low club. One company continues to fall after its…

Chris Lange |

Can Groupon Get Its Earnings Right?

Groupon is scheduled to report its fourth-quarter results Thursday after the U.S. markets close.

Trey Thoelcke |

The 6 Most Shorted Nasdaq Stocks: New King of the Mountain

Between the August 14 and August 31, Sirius XM was dethroned as the most heavily shorted stock traded on the…

Chris Lange |

Why Coupons.com Is Killing Coupon and Deals Stocks

It would appear that stocks that deal in coupons were hit hard Tuesday morning following less than stellar earnings reports.

Jon C. Ogg |

When Analysts Matter Too Much (OPEN, GOOG, YELP, GRPN, P, FB)

Jon OggHow much should a Wall Street analyst call be worth?  Pointing out a buyout rumor or a large contract win…

Chris Lange |

The Top 6 Cult and Craze Stocks With Earnings This Week

ThinkstockCult stocks have some of the largest followings in the market, marked by unreasonably high volume and volatility. This coming…

Top Gaining Stocks

Akamai
AKAM • Vol: 21,556,944
Micron Technology
MU • Vol: 65,135,624
Intel
INTC • Vol: 227,504,426
Monster Beverage
MNST • Vol: 15,284,847
Dell Technologies
DELL • Vol: 12,167,525

Top Losing Stocks

Mettler Toledo International
MTD • Vol: 539,266
Motorola Solutions
MSI • Vol: 3,101,643
Expedia
EXPE • Vol: 4,189,786
Coterra Energy
CTRA • Vol: 73,319,495
Fidelity National Information Services
FIS • Vol: 11,468,820