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Friday is seeing a large rally among recent Internet initial public offering stocks. Shares of Facebook (NASDAQ:FB), Zynga (NASDAQ:ZNGA), Yelp (NYSE:YELP), Groupon, Inc. (NASDAQ:GRPN), and LinkedIn (NYSE:LNKD) might be reacting in part to a positive report by Raymond James concerning Facebook’s ad efforts, but short-covering is likely a large part as well.
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