Short sellers make money when a stock price goes down. The Nasdaq rule restricts prices at which a stock can be sold short.
Groupon’s stock, which had fallen as much as 10 percent earlier in the day Tuesday, closed at $4.82 a share.
The company’s stock has swung up and down as analysts weigh its efforts to diversify from the highly competitive and marketing-dependent daily deal strategy. The stock is down 76 percent from its public-offering debut price. Feel free to forward this Op Ed and follow our Blog stock market news today
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