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Most 2011 tech IPOs are unhappy today. The market is volatile and bearish. In the absence of news, you can't interpret stuff like this --- especially given the fact that Groupon doesn't have a listed competitor --- without understanding where the whole market is at.

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that is no explanation: - investors do not consider Groupon a tech company (it's all over the research reports) - Google, Intel are down marginally (non retail), Apple is up (tech retail). Nasdaq is ONLY 0.07% down. - Falling 14% is intrinsic to the stock, not the market.

Google, Intel, and Apple aren't unproven '11 IPOs. Look at Pandora, Zipcar, etc.

I was making a point regarding tech. Groupon is not a technology stock, it didn't market itself as a tech company. I don't understand how on the one side you say "Groupon doesn't have a listed competitor" but you want to compare it to "unproven '11 IPOs. Look at Pandora, Zipcar, etc.". It all sounds to 1+1=5...

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