Yelp Shares Surge After Report Company Is Exploring a Sale

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Yelp Inc. shares surged 16 percent after the Wall Street Journal reported the online-review website is exploring a sale.

The company is working with investment bankers and has been in touch with potential buyers, the paper said, citing people familiar with the matter. Shares of the San Francisco-based company were halted after the report, and jumped to $44.48 after trading resumed.