0
wochit_business
Следвай
4
While Reportedly Exploring a Sale Yelp Stock Jumps 15 Percent
25
07.05.2015
Is an acquirer about to give Yelp a positive review? Shares of the local-business review site spiked sharply on Thursday, shooting up around 15% in a matter of minutes. Investors were spurred by a report from the Wall Street Journal that the company was exploring a sale. Investors quickly bought up the stock on the hopes that an acquisition would value Yelp well above its current stock price. However, the WSJ 's story, which emerged on Twitter well before being published and after the initial stock price spike, hedged the idea that a sale would happen soon, saying no decision had been made whether Yelp would sell at all.
Виж повече
Виж по-малко