Yelp Shares Soar On Market Debut

Yelp IPO

Consumer review website Yelp Inc's shares traded more than 60 percent above their initial public offering price in their market debut on Friday, as investors rushed to buy a piece of the growing local advertising market... Yelp's shares were trading up 62 percent at $24.60 on Friday morning. At that level, the company is valued at about $1.43 billion -- about 17 times its 2011 revenue.

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ASK NEWS:
  • Yelp Shrugs Off Facebook Challenge, Shares Soar - TheStreet.com
    Yelp''s shares were up 23.75% to $31.31 in mid-morning trading For the three months ended in March, Yelp's revenue rose 68% year over year to...
    05/2/2013 - 11:27 am | View Link
  • LinkedIn Earnings Triple, But Q2 Outlook Sinks Shares - Investors Business Daily
    ... past first-quarter revenue and earnings estimates, but shares fell sharply ... Z), up 200% since its debut in July 2011 and Yelp (YELP), up ...
    05/2/2013 - 7:33 am | View Link
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YAHOO NEWS:
  • Facebook facelift feeds mobile appetite, may appeal to advertisers ...
    MENLO PARK, California (Reuters) - Facebook Inc introduced a visually richer, mobile device-oriented "newsfeed" on Thursday, in the most significant ...
    03/6/2013 - 6:54 pm | View Link
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BING SEARCH:
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    (818) 238-9398 · "The day was today! Today the selection of the buffet was a five star! All fresh and all very tasty and satisfying. The sushi was good (relative to ...
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  • Story Stocks
    20-May-13: Qihu Tech shares rise 6% following better than expected earnings: 20-May-13: Acquity Group shares soar 113% following acquisition by Accenture for $13/share
    05/21/2013 - 3:08 am | View Website
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