Yelp jumped as high as $26 on its first day of trading, far above its initial offering price of $15 a share. Thestock of the online restaurant and business guide company was up 65 percent at $24.70 Friday afternoon. In other trading
Stocks crept lower Friday, and the Dow Jones industrial average turned in its third losing week of the year. One of the few bright spots was Yelp, the online restaurant review site, which surged 64 percent in its debut. Yelpended its first trading day
The company's IPO is going swimmingly, but will they ever actually turn a profit?
NEW YORK — The stock market reached a couple of milestones this week – Dow 13000 and Nasdaq 3000 – but not much else. Stocks crept lower Friday, and the Dow Jones industrial average turned in its third losing week of the year.
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