Groupon flames on his debut on the Stock Exchange

The action Groupon blazed Friday for his debut on the stock exchange in heated exchanges, investor enthusiasm is accentuated by the low part of the capital negotiable.

The action has reached a high of 31.14 dollars, representing a gain of 55.7% over the IPO price of $ 20 or capitalization of nearly $ 20 billion, and then limit its up to 37% to about 27.36 dollars.

The specialist promotional offers through bulk purchases had placed 35 million shares Thursday. These 35 million shares represent only 5% stake in the company.

According to the specialist Ipreo is the second lowest free float on the stock market put the United States over the past decade.

A $ 20 per share, Groupon has raised $ 700 million, which represents the largest public offerings of an Internet company since Google's in 2004. The search engine had raised $ 1.7 billion at the time.

The beginning fanfare Groupon fellows may be able to encourage other known names such Internet Angie's List, Zynga or Facebook to get into the arena market.

Scores of companies were planning to go public this year have temporarily abandoned their project with the fall in equity markets in August.

The Director General of Groupon, Andrew Mason and its president Eric Lefkofsky fell into the arms of each other in Times Square after ringing the bell to open Nasdaq.

Some analysts believe the outbreak of Groupon could be a short term phenomenon. They do not exclude a decrease of the action as it happened to the radio station Pandora Internet Media.