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Crushed earlier this week due to concerns about the impact of its Aug. 29 lockup expiration,...
Crushed earlier this week due to concerns about the impact of its Aug. 29 lockup expiration, Yelp (YELP +6.3%) is bouncing strongly today. Short-covering is a likely factor: 15.4% of the company's float was shorted as of July 31, and judging by Facebook's pre-expiration activity, more shorts may have piled in during the recent selloff.
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