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Another Friday, another rally for well-shorted Internet stocks. Though Zynga (ZNGA +3.2%) may...

Another Friday, another rally for well-shorted Internet stocks. Though Zynga (ZNGA +3.2%) may have benefited from news it's adding John Doerr to its board, most Internet names with large short interests that posted big gains did so in the absence of major news. Groupon (GRPN +5.9%), a frequent participant in such rallies, was among the standouts, as were Yelp (YELP +8.5%), Zillow (Z +3.8%), and OpenTable (OPEN +4.6%).
Comments (3)
  • Friday short squeezes don't just apply to these internet stocks. Across the board short squeezes in BS companies in particular. IBD favorites lead the list
    5 Apr 2013, 04:17 PM Reply Like
  • yep, CMG had a nice $12 run off the lows, I guess people with no jobs eat more burritos?
    5 Apr 2013, 04:44 PM Reply Like
  • All you can do is look at the stats and draw a conclusion! Stats don't lie! It is what it is! :o)
    6 Apr 2013, 10:51 AM Reply Like
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