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Yelp Falls 3%: Bulls Cheer Local Ad Growth; Fully Priced in, Says RBC

– 1 day ago @ rttnews.com: Shares of Yelp, Inc. (YELP) declined 10 percent after the consumer review website reported a loss for the third quarter that widened from last year and also came in wider than analysts’ expectations. However, revenue for the quarter surged 68 percent and beat analysts’ estimates.

– 11 hours ago @ money.cnn.com: But Yelp faces some problems that LinkedIn does not have to worry about. Shares of Yelp tumbled 6% after the company reported a wider-than-expected loss. The company also said it plans to sell more stock, which often worries shareholders since new …

– 1 day ago @ thestreet.com: Updated from 4:16 p.m. to include updated share price and news of secondary offering.NEW YORK (TheStreet) — Yelp shares fell 5.4% to $65.10 despite third-quarter revenue that beat Wall Street estimates, and the company raising 2013 revenue guidance. The company also announced it would be doing a secondary offering, as it seeks to bolster its balance sheet. The San Francisco-based online urban …

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Mystic Maggie

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