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

How to help your staff solve their own problems

Contributed Blogs
Friday, March 21, 2014
03.21.14 thumb coxcoffeeTOM COX | OB BLOGGER

During a recent talk to HR Directors, I asked if they saw leaders trying to solve every problem, instead of delegating to and empowering staff. Every head nodded. Every single one.


Banishing oil burners reaps benefits for schools

Tuesday, April 01, 2014
04.02.14 thumb co2schoolsBY APRIL STREETER | OB CONTRIBUTOR

Three years ago, PPS set out to begin to convert the 1930s-era boilers from diesel/bunker fuel to cleaner-burning natural gas. Oregon’s largest school district has realized impressive carbon dioxide emissions reductions, setting an example for public and private institutions.


Q & A with Chuck Eggert

Thursday, March 06, 2014
03.06.14 thumb pacfoodsBY HANNAH WALLACE | OB BLOGGER

The founder of Pacific Foods talks about why his company has flown under the radar in Oregon, how saving a family-run chicken hatchery has helped his bottom line and why he thinks organic food is anything but elitist.


Making faces

Thursday, February 20, 2014
02.20.14 Thumbnail ModelsBY VIVIAN MCINERNY | OB BLOGGER

As retailers consolidate and newspapers fold, the business of modeling shifts to ad agencies, apparel companies and new media.


The 2014 List: The Top 34 Medium Companies to Work, For in Oregon

March 2014
Thursday, February 27, 2014

100best14logoWebOur 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.



Are millennials reshaping politics in the Pacific Northwest?

Wednesday, April 02, 2014

MillennialsThumbA new report explores the impact of millennials on Oregon's business and political climate.


Closing the gap: Community colleges and workforce training

Thursday, March 27, 2014
03.27.14 thumb collegeBY MARY SPILDE | OP-ED CONTRIBUTOR

Community college career, technical and workforce programs present an opportunity to bring business and education together as never before.

Oregon Business magazinetitle-sponsored-links-02