Groupon Falls Below Google’s Buyout Price

Groupon Inc (NASDAQ:GRPN) is today trading at around 9.30. That puts the company's market capitalization at around $6 billion, the same amount Google Inc (NASDAQ:GOOG) offered to buy the company for in the fall of 2010. The firm's stock is trending downward today making it likely the company will be worth less than Google's bid as the day goes on. Groupon went public last November for $20 per share.

Groupon's business model along with concerns about the firm's accounting practices have compounded Groupon's trouble since its IPO last year. Despite those worries the company beat expectations...