Groupon has yet to carve out a competitive niche for itself in the market, and it never should have been a multi-billion dollar company.
Yelp stock soars 60 percent on its first day of trading. But the track record of recent technology IPOs is not encouraging.
The impending Facebook IPO has given a leg-up to social gaming powerhouse Zynga.
Zynga was the talk of the New York Stock Exchange when they rank the opening bell but after taking an immediate 5 percent hit, investors are reassessing Zynga as being overhyped.