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Heavily-shorted Yelp (YELP +2.5%) once more adds to the giant gains it has seen since its lockup...
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Monday, September 10, 2012, 1:57 PM ETHeavily-shorted Yelp (YELP +2.5%) once more adds to the giant gains it has seen since its lockup expiration ended without top execs or VC investors unloading shares. Lord Abbett has been aggressively buying Yelp, which has benefited from hopes a bigger Web or mobile player will make a bid. The money manager now owns 1.4M shares of the reviews site.
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