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Yelp (YELP) Lower Early Monday Following Successful IPO

March 5, 2012 8:30 AM EST
Following last Friday's IPO of local business social review site Yelp (NYSE: YELP), shares are indicated for a lower open Monday.

Yelp debuted at $22 after pricing at $15 last Thursday. Shares ended the session 11.7 higher to $24.58, though the stock made it up to $26 in early trading.

Notably, peer LinkedIn (NYSE: LNKD) is in positive territory Monday morning.


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