OpenTable Sympathy Companies On Fire

Priceline PCLN announced the acquisition of OpenTable OPEN and will be paying more than a 46 percent premium over OpenTable’s Thursday close.

The massive $2.6 billion acquisition has sent investors scrambling for shares for similar companies as industry valuation has changed.

OpenTable shares ripped higher after awaking from the halt and are up 47.66 percent to $104.04.

Related Link: Priceline To Acquire OpenTable At Massive Premium

The following is a list of peers that are moving on the action:

Yelp YELP shares are up 9.55 percent

Groupon GRPN shares are up 7.08 percent

LiveDeal LIVE shares are up 12.11 percent

Angie’s List ANGI shares are up 4.67 percent

Tripadvisor TRIP shares are up 3.13 percent

Expedia EXPE shares are up 1.23 percent