Update: Yelp Retreats 8% After 64% Jump In Stock Debut

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So, what about Day 2? Review website Yelp was down more than 1% in early trading Monday on its second day of trading after a sizzling stock market debut in its IPO on Friday, when the stock popped 64%. Yelp's (
YELP
) stock, which analysts say has been lifted in part by optimism ahead of Facebook's IPO expected within two months, priced at $15 late Thursday, raising $107 million for the company. It priced above its expected pricing range of $12 to...
Read the full story at Investor's Business Daily here
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