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As is often the case, Zynga (ZNGA -7.6%) is falling in sympathy with Facebook. Shares are once...

As is often the case, Zynga (ZNGA -7.6%) is falling in sympathy with Facebook. Shares are once more flirting with the $3 level. Some other recent consumer Internet IPOs also aren't faring well. GRPN -3.4%. YELP -4.7%. ANGI -2.6%. Neither, for that matter, is Chinese social networking site Renren (RENN -4.3%).
Comments (3)
  • corte33
    , contributor
    Comments (78) | Send Message
     
    YELP and FB are two jokes. YELP is the worst, because investors don't bother to check out reviews about YELP by small business owners who have been extorted into buying ads. YELP doesn't get customers in touch with great restaurants (as some analysts claim); just the opposite. I steer away from any YELP sponsored business, as it's usually a disappointment.
    24 Sep 2012, 01:27 PM Reply Like
  • chopchop0
    , contributor
    Comments (3860) | Send Message
     
    If they are jokes, GRPN is a 2 hour comedy movie LOL.
    24 Sep 2012, 01:54 PM Reply Like
  • Trainer
    , contributor
    Comments (136) | Send Message
     
    YELP NEWS FLASH: What do the insiders do for fresh cash now that they've sold the majority of their shares to the gullible?
    Watch for them to rename the company to OUCH! and do another IPO.
    Corte33 is right. Yelp is a joke. Hopefully the joke isn't on you.
    24 Sep 2012, 01:48 PM Reply Like
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