• Groupon IPO gives hope to tech travel sector
Groupon last week raised $700m after increasing the size of its IPO from between $16 and $18 to $20 for a share in just over 5% of the group, valuing the company as a whole at $12.8bn. After surging up to high of $31.14, the shares fell back to close their first day at $26.11.
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