MARCH 2, 2012, 3:21 PM By Steven Russolillo and Lynn Cowan – Scott Rostan quoted Yelp shares have been scorching all day long without showing any sign of losing momentum. The big question now, however, is whether the company’s one-day pop proves to be sustainable. The stock shot up more than 60% minutes after the open […]
By Nicola Leske – Scott Rostan quoted (Reuters) – Consumer review website Yelp Inc made a sparkling market debut on Friday, buoyed by optimism ahead of Facebook’s public listing and hopes for further successful public listings by Internet companies down the road. Yelp’s stock closed 64 percent higher at $24.58, a day after Yelp priced […]
Review site trades at sharp premium to Internet peers – Scott Rostan quoted: By Dan Gallagher, MarketWatch SAN FRANCISCO (MarketWatch) — The excitement that greeted Yelp Inc. in its public-market debut on Friday may be tempered in the coming weeks as investors better digest the company’s financial performance, analysts said Friday. Yelp YELP +64.27% completed […]