US SMALL/MIDCAPS-Internet shares slide with Groupon
August 14, 2012 at 15:22 PM EDT
By Caroline Valetkevitch NEW YORK, Aug 14 (Reuters) - Small and mid-capitalization stocks edged lower o n Tuesday, with shares of Groupon and other Internet companies falling sharply after Groupon reported quarterly revenue that missed Wall Street estimates. Shares of Groupon dropped 27 percent to $5.51, while shares of Angie's List, which provides consumer reviews of local professionals and businesses, declined 15.5 percent to $11.23. Shares of Facebook were down 3.8 percent at $20.77.