Groupon (GRPN - Get Report) shares plunged 4.17% to finish at $5.05 as another competitor entered the daily deals space. eBay (EBAY) announced an online marketplace, known as eBay Lifestyle Deals, for deals on local services. The service is being offered in a select number of areas, including San Francisco, Los Angeles and Washington D.C.
Apple (AAPL - Get Report) shares closed up marginally, gaining 0.8% to close at $640.91. Recent reports had suggested that Apple would send out invites today for its iPad Mini event, but nothing had materialized by 4 P.M. EST. Shares have been hit in recent days on concerns over supply chain issues and estimate cuts. Apple outperformed the broader Nasdaq, which fell 0.43%, as stocks continued to pull back from recent highs. Interested in more on Apple? See TheStreet Ratings' report card for this stock. -- Written by Chris Ciaccia in New York >Contact by Email. Follow @Commodity_Bull