DealBook: Yelp Shares Surge on Debut

Yelp’s stock opened to five-star reviews from investors on Friday, soaring 65 percent after pricing above its targeted range on Thursday night. The online reviews site’s initial public offering priced at $15 per share, above the expected $12 to $14 per share.

By TechCrunch: By Leena Rao

By Renaissance Capital IPO Research: Local reviews website Yelp (YELP) is looking to continue the internet IPO resurgence this week. The company is expected to offer 7.2 million shares on Thursday, March 1st at a price range of $12 to $14. Trading on the New York Stock Exchange should begin on Friday under the symbol YELP.

Yelp's stock is soaring in its stock market debut Friday. The shares are up 63 percent to $24.48, after pricing at $15 on Thursday night.

By Sammy Pollack:Shares of Yelp Inc (YELP) moved higher by more than 10% on Thursday to hit a new three month high following news that Apple (

While early investors in Yelp got their first chance to sell shares in the online reviews site on Wednesday, it appears they are holding on to their stakes for now, with the stock up nearly 25 percent.

Yelp on Thursday told US regulators that it aims to raise about $115 million in a March stock market debut by pricing its initial shares somewhere between $12 and $14.Yelp, a website which posts user reviews of businesses including restaurants, bars and hotels, amended a filing with the US Securities and Exchange Commission to indicate that it will issue slightly more than seven million shares of Class A stock.The stock was to commence trading on the New York Stock Exchange under the symbol "YELP" the first week of March, the amended filing indicated.

By TechCrunch: By Ingrid Lunden