Yelp’s stock is passing one of its biggest stress tests since the online business review service went public nearly six months ago.
The reviews will be available for free on Zagat.com as well as several services on Google’s website as part of a change announced Wednesday.
Yelp’s stock opened to five-star reviews from investors on Friday, soaring 63 percent after pricing above its targeted range on Thursday night.
San Francisco-based Yelp Inc. late Thursday priced its initial public offering of stock at $15 a share. That’s above its expected range of $12 and $14 per share.
Online business rating service Yelp hopes to sell its stock for $12 to $14 per share in an upcoming IPO.
Popular online reviews site Yelp is going public, the latest in a slew of Internet businesses to do so.
Mayor Ed Lee is expected to sign legislation on Friday that would give companies such as Zynga and Yelp a partial tax exclusion on stock options.
San Francisco Mayor Ed Lee has signed up some of the city’s top technology companies to join his new Technology Advisory Council with the goal of growing San Francisco’s high tech industry.
A federal judge who dismissed a class-action lawsuit accusing consumer review website Yelp of extortion is giving plaintiffs a month to refile their complaint.
Republican gubernatorial candidate Meg Whitman faced an unusually tough crowd Wednesday during a stop at the online review site Yelp, where young staffers bombarded her with questions about her negative ads, her record-breaking spending and her stance against gay marriage.