Yelp Salespeople Jump Ship — So Do Investors

By | July 29, 2015

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Yelp (YELP) stock plunged Wednesday after the crowdsourced review site posted weak guidance, triggering at least six ratings downgrades and five price target cuts. The company also announced that its co-founder and chairman is leaving the board of directors. Yelp stock was down 26% to 24.90 in late afternoon trading in the stock market today , its lowest point in more than two years. Since hitting a high of 101.75 in March 2014, Yelp has dropped Scalper1 News

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