Home Must Reads Yelp IPO opens high

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

Shuffling the Deck

November/December 2014
Wednesday, October 22, 2014
BY JON BELL

Oregon tribes still bet on casinos.


Read more...

Downtime

October 2014
Thursday, September 25, 2014
BY JESSICA RIDGWAY

I'm not very interesting,” says a modest Ray Di Carlo, CEO and executive producer of Bent Image Labs, an animation and visual effects studio.


Read more...

Downtime

November/December 2014
Wednesday, October 22, 2014
BY JESSICA RIDGWAY

Bob Dethlefs, CEO of Evanta, balances work and play.


Read more...

The Backstory

October 2014
Thursday, September 25, 2014

In our cover story this month, Wendy Collie, CEO of New Seasons Market, and Kim Malek, owner of Salt & Straw, discuss their rapidly growing businesses and Portland’s red hot food scene. The conversation provides an interesting lens through which to explore trends in the grocery store and restaurant sectors.


Read more...

Revenge Forestry

November/December 2014
Tuesday, October 14, 2014
BY JONATHAN FROCHTZWAJG

A flare-up in the Elliott Forest raises questions about détente in Oregon’s timber wars.


Read more...

Kill the Meeting

November/December 2014
Wednesday, October 22, 2014
BY AMY MILSHTEIN

Meetings get a bad rap. A few local companies make them count.


Read more...

Measure 91: What Oregon Businesses Need to Know

Contributed Blogs
Wednesday, October 15, 2014
91 thumbBY DIANE BUISMAN

Some common misconceptions employers have about marijuana.


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