Groupons IPO start trading on Nov 4 2011

Groupons IPO start trading on Nov 4 2011 : After months of speculation, Groupon's IPO is expected to start trading on Nov. 4, according to Renaissance Capital. Groupon has been beleaguered for months with questions about its accounting practices and mounting competition from similar deal-offering services, but a regulatory filing showed Groupon is serious about doing the deal.

Investors will soon find out if the comatose IPO market can snap back to life. Since midsummer there's been little demand for newly public companies, but now hopes are high that the initial public offering of online bargain site Groupon could reignite interest. After months of speculation, Groupon's IPO is expected to start trading on Nov. 4 2011,

Attract bargain hunters. Groupon is the latest to cut its expected price range to lure investors, says Renaissance's Kathy Smith. Cutting the expected range to between $16 and $18 a share would give the company a value of $11.2 billion, Renaissance says, down from original estimates of $30 billion and the company's own $20 billion target months ago.For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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