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Yelp Inc. Message Board

  • estradalindsey260 Aug 23, 2012 7:43 AM Flag

    Yelp Inc Jumped Sharply


    Yelp Inc (NYSE:YELP) shares declined 6.03% and closed at $19 in the last trading session as the company’s post-IPO lock-up expiration period nears closer. The company went public in March with an offering of 7.15 million Class A shares at $15 each. The company also has 52.7 million Class B shares, held by ventures investors and other insiders, which were subject to a 180-day lock-up period – a span which ends August 29, a week from today.

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18.10-1.67(-8.45%)Feb 5 4:00 PMEST