Sponsored by Oregon Business

Yelp IPO opens high

| Print |  Email
Must Reads
Friday, March 02, 2012

Yelp's initial public offering opened 47% higher than its price.

The company's stock opened at $22.01 a share on the New York Stock Exchange, up 47% from its IPO price of $15, and was changing hands recently at $24.40, up 62.7%. It sold 7.15 million shares at a price above its expected $12 to $14 range.
It's the fourth company out of a total of 22 deals this year to actually price above range, and if it hangs on to its current gains, it will have the third-best debut so far in 2012, behind Proto Labs Inc.'s (PRLB) 81% pop last week and Caesars Entertainment Corp.'s (CZR) 71% rise earlier in the month.

Read more at The Wall Street Journal.

{biztweet}yelp ipo{/biztweet}

 

More Articles

Are wolves good for business?

Contributed Blogs
Friday, March 06, 2015
030615-wolf-thumbBY JEFF DELKIN | OP-ED CONTRIBUTOR

As a local business owner, I believe it’s important to build our economy on a platform of conservation values.  


Read more...

On the Brink

March 2015
Friday, February 20, 2015
BY APRIL STREETER | OB CONTRIBUTOR

Leslie Carlson channels the big idea.


Read more...

Letting Go

April 2015
Friday, March 27, 2015
BY AMY MILSHTEIN

As baby boomers sell their businesses, too many forget the all-important succession plan.


Read more...

4 winners and losers in the Kitzhaber scandal

The Latest
Thursday, February 12, 2015
021315-govorno-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Examining the governor's rapid fall from grace in a "bizarre" and "unprecedented" saga.


Read more...

Downtime with the president of NAI Norris, Beggs & Simpson

March 2015
Monday, February 23, 2015
BY JESSICA RIDGWAY | OB CONTRIBUTOR

Live, Work, Play: Catching up with Chris Johnson.


Read more...

Finding a Balance

Contributed Blogs
Thursday, January 29, 2015
012915-passinvst-thumbBY JASON NORRIS | OB GUEST BLOGGER

Active vs. passive investing: what you need to know.


Read more...

Thy neighbor's house

March 2015
Friday, February 20, 2015
BY LINDA BAKER | OB EDITOR

Vacasa may lack the name recognition of Airbnb. But not for long.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS