Yelp (YELP) Yelps for Help After Facebook (FB) Salvo
Yelp (NYSE: YELP) is trading near the lows of the session as Facebook's (Nasdaq: FB) "graph search" is seen as a direct attack against the company. The new Facebook features shows places, including restaurants, CEO Mark Zuckerberg explained on today's conference.
In addition to Yelp, the new Facebook features could be seen a negative for LinkedIn (Nasdaq: LNKD) after Zuckerberg showed how the service can be used by recruiters.
Yelp is down 8 percent to $20.20. Meanwhile, after trading lower earlier in the session, shares of LinkedIn are back to trading flat on the session.
In addition to Yelp, the new Facebook features could be seen a negative for LinkedIn (Nasdaq: LNKD) after Zuckerberg showed how the service can be used by recruiters.
Yelp is down 8 percent to $20.20. Meanwhile, after trading lower earlier in the session, shares of LinkedIn are back to trading flat on the session.