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Yelp Looks For IPO Of $12-$14 Per Share. Yelp plans to price its initial public offering of 7.15 million shares at between $12 and $14 per share, according to an updated filing with the Securities and Exchange Commission. The filing could raise a maximum of $100 million in the offering.
Eli Lilly & Co. shares rose 0.6% in premarket trade Wednesday after the company reported fourth-quarter profit and revenue beats and an upbeat outlook. The company reported a loss of $1.66 billion, or a loss of $1.58 per share, after earnings of $771.8 million, or 73 cents per share. Adjusted earnings-per-share were $1.14, compared with the FactSet consensus of $1.07. Revenue rose to $6.16 billion from $5.76 billion, compared with the FactSet consensus of $5.94 billion.