Should I Buy Yelp Stock? 3 Pros, 3 Cons
– 5 hours ago @ thestreet.com: NEW YORK (TheStreet) — If you’re a long-term investor in Yelp , you should be applauding the company’s move to send the stock lower Tuesday. As part of the company’s earnings, Yelp announced it would be doing a secondary offering, raising about $250 million in Class A common stock to help shore up its balance. Its underwriters have the option to purchase an additional $37.5 million in shares …
– 1 hour ago @ marketwatch.com: SAN FRANCISCO (MarketWatch) — Yelp Inc. saw its shares fall as much as 8% Wednesday as investors appeared to be more concerned about the online review and recommendation company’s plans for a $250 million stock offering than its upbeat quarterly …
– 20 hours ago @ yahoo.com: Yelp Inc.’s third-quarter loss widened partly due to higher taxes, overshadowing the online business review site’s robust growth on smartphones and tablets. The company also said it intends to raise …
– 15 hours 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.