Explaining Yelp's Unexpected Stock Surge
Yelp's stock was supposed to tank today, or at least experience a dip, but it's doing the opposite of that, up almost 20 percent, as of this writing.
Advertisement
Remember a couple of months ago, when hedge fund giant Carl Icahn went nuclear on hedge fund giant Bill Ackman for short-selling Herbalife stock? Turns out the spat might've made both men millions.
Yelp's stock was supposed to tank today, or at least experience a dip, but it's doing the opposite of that, up almost 20 percent, as of this writing.
Yesterday we told you about the New York Times' report that Apple and Twitter had engaged in talks about a potentially huge investment, but as other news organizations looked into it the excitement over the story quickly disappeared.
"The Oracle" comes down from on high this month to deliver his annual wisdom to the shareholders of Berksrhire Hathaway, and naturally people want to know: Where does Warren Buffett put his money?
"That’s why I have a lot of friends who are a lot smarter about those things than I am"
Have a story we missed? A link we have to click? A sharp opinion about the news? Instead of waiting for us to post it, tell us on the Open Wire.
Submit your news and ideas | See all reader postsThe Atlantic Wire is your authoritative guide to the news and ideas that matter most right now. Our team tracks newsmakers and opinions across the entire media spectrum: newspapers, web sites, television, radio and magazines.
But we do more than just collect information. By synthesizing, analyzing and summarizing what’s out there, and adding new information when we can, we are a news engine that gives you a quick and valuable account of the issues of the day.
Have a hot tip? A story we missed? Tell us on the Open Wire
How to send us editorial or technical feedback
Get Five Best Columns in your inbox each morning (preview)
