Yelp to Float New Stock Issue
– 5 hours ago @ thestreet.com: NEW YORK (TheStreet) — If you’re a long-term investor in Yelp , you should be applauding the company’s move to send the stock lower Tuesday. As part of the company’s earnings, Yelp announced it would be doing a secondary offering, raising about $250 million in Class A common stock to help shore up its balance. Its underwriters have the option to purchase an additional $37.5 million in shares …
– 20 hours ago @ marketwatch.com: Yelp’s (NYSE:YELP) shares slid nearly 6% in after-hours trading, with much of the decline coming after the company announced plans to sell an additional $250 million in stock for additional “working capital” for the money-losing online review service.
– 1 week ago @ 4-traders.com: SAN FRANCISCO, Oct. 16, 2013 /PRNewswire/ — Yelp Inc. (NYSE: YELP), the company that connects consumers with great local businesses, today announced that it will issue its financial results for the third quarter ended September 30, 2013 after the …
– 1 week ago @ marketwatch.com: SAN FRANCISCO, Oct. 16, 2013 /PRNewswire via COMTEX/ — Yelp Inc. (NYSE:YELP) , the company that connects consumers with great local businesses, today announced that it will issue its financial results for the third quarter ended September 30, 2013 …