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Facebook sees LinkedIn and Yelp in rear view mirror Add to ...

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Congratulations to Facebook Inc. for – 15 months later – breaking through its IPO price of $38 (U.S.) per share. With its shares falling as far as $19 at one point the renaissance feels exhilarating. But Facebook investors should avoid spoiling their glee by not looking at fellow 2011/2012 internet IPO classmates, LinkedIn and Yelp. Shares in those two companies have rocketed 400 per cent and 300 per cent respectively from their listing prices.

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