That constraint - one of the smallest floats of the past decade - should support Groupon’s share price when it begins trading on the Nasdaq on Friday under the ticker GRPN, analysts say.īut in the longer run, they cited concerns about competition from the deep-pocketed likes of Google and Inc the need to spend continuously to drive user growth and questions about accounting after the company altered its IPO filings twice to change the way it accounted for revenue. Its tiny float represents just above 5 percent of the company and helped drive up demand and price. The debut of the three-year-old company, which sells Internet coupons for everything from spa treatments to nose jobs, is one of this year’s most closely watched.

The global leader in “daily deals” is now valued at almost $13 billion after saying it increased the offering by 5 million shares to 35 million in total and pricing them at $20 each, above an initial range of $16 to $18. Employees and guests of Groupon ring the opening bell in celebration of the company's IPO at the Nasdaq Market in New York November 4, 2011.

Google buy groupon