Yelp Stock Pops On Q3 Beat, Long-Term Worries Remain

By | October 29, 2015

Scalper1 News

Yelp (YELP) stock popped Thursday after the crowdsourced consumer review website reported that increasing sales made directly from search results, coupled with a rise in local advertising accounts, boosted revenue above consensus views in Q3. After the market close on Wednesday, Yelp also guided Q4 revenue above what Wall Street is expecting. “We executed well in the third quarter,” Yelp CEO Jeremy Stoppelman said during the company’s call with Scalper1 News

Scalper1 News