Yelp prices stock offering at $67, shares -0.8% premarket

|About: Yelp (YELP)|By:, SA News Editor

YELP is raising $251.3M (a little more than originally planned) by selling 3.75M shares at $67. Underwriters have a 30-day option to buy another 562.5K shares. (PR)

The price isn't far removed from where Yelp traded ($68.83) before the offering and the company's Q3 results were announced on Tuesday afternoon.