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Yelp Remains Firmly Positive After Early Rally

Shares of Yelp (YELP) continue to see significant strength in afternoon trading on Friday after an early rally. After reaching a nearly six-month intraday high, Yelp is currently up by 26.8 percent.

The jump by Yelp comes after the review website operator reported an unexpected second quarter profit. The company also announced a deal to sell its Eat24 business to GrubHub for $287.5 million in cash.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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