Daily Deals, Online Deals | featured news

Another day, another low for Groupon's stock. The online deals company issued a lackluster quarterly report after the market closed on Monday. Since Tuesday, the stock has hit a new low every day. It fell another 25 cents, or 5 percent, to close Friday at $4.75. Earlier in the day, it hit $4.51. That's down more than three-quarters of its initial public offering price of $20 in November.

Groupon has acquired Hyperpublic, snapping up the two-year-old location-based technology start-up amid a growth spurt at the daily deals service.

Groupon Inc reported a quarterly net loss Wednesday as the largest daily deal company recorded higher taxes overseas.

Daily deals site Groupon Inc filed for an initial public offering, hoping to capitalize on the biggest investor stampede into Web start-ups since the dotcom bubble burst a decade ago.