Tech Stock Alert: Yelp, Inc. (NYSE: YELP) Gains on Upgrade
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New York NY, Point Roberts WA - May 8, 2014 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on trading for tech stock, Yelp, Inc. (NYSE: YELP), trading at $56.10, Up $3.36(6.37%) as of 12:00PM EDT. The stock moved today following an upgrade from Morgan Stanley.
Yelp (NYSE: YELP) connects people with great local businesses. Yelp was founded in San Francisco in July 2004. Since then, Yelp communities have taken root in major metros across the US, Canada, UK, Ireland, France, Germany, Austria, The Netherlands, Spain, Italy, Switzerland, Belgium, Australia, Sweden, Denmark, Norway, Finland, Singapore, Poland, Turkey, New Zealand, the Czech Republic, Brazil, Portugal, Mexico and Japan. Yelp had a monthly average of 132 million unique visitors in Q1 2014*. By the end of Q1 2014 Yelpers had written more than 57 million rich, local reviews, making Yelp the leading local guide for real word-of-mouth on everything from boutiques and mechanics to restaurants and dentists. Approximately 61 million unique visitors visited Yelp via their mobile device on a monthly average basis during Q1 2014
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