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Stock Market & Financial Investment News

News Breaks
January 8, 2014
07:39 EDTYELPYelp price target raised to $89 from $75 at JPMorgan
JPMorgan raised its price target for Yelp shares to $89 after its tracking of advertising on the website indicated strong ad coverage in most geographies and strong adoption of Yelp Deals among advertisers in Q4. The firm reiterates an Overweight rating on the stock.
News For YELP From The Last 14 Days
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February 8, 2016
07:05 EDTYELPYelp volatility elevated into Q4 and outlook
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06:22 EDTYELPWall Street view of Yelp soured by higher costs, slowing user growth, WSJ says
Wall Street sentiment towards Yelp (YELP) has soured as the company struggles with rising costs and weakening user growth, Steven Russollilo of the Wall Street Journal's Ahead of the tape says. With the company poised to report Q4 results Monday, Yelp is closer to falling below its $15 IPO price for the first time, which seemed very unlikely a few years ago when its shares were trading above $100, the Journal says. The company has nearly tripled its employee count over the past three years, but generates a lower revenue per employee than multiple tech companies, including Facebook (FB) and Alphabet (GOOG), the report says. In addition, Yelp's niche market is becoming increasingly competitive, with companies like Google diverting traffic to its own listings, the report says. Reference Link
February 5, 2016
08:14 EDTYELPYelp volatility elevated into Q4 and outlook
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February 3, 2016
10:35 EDTYELPYelp losing traffic share, says B. Riley
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January 26, 2016
13:13 EDTYELPYelp spike attributed to takeover speculation
An early afternoon spike in shares of Yelp (YELP) is being attributed to takeover speculation. A rumor has Priceline (PCLN) interested in a potential acquisition of Yelp, trading sources tell The Fly. Shares of Yelp are up 68c to $22.34 in early afternoon trading after earlier spiking as high as $22.87. The Fly, in fulfilling its mission of explaining stock movement, often comes across the many unconfirmed rumors being passed through trading desks and social media platforms. On the occasion that rumors or speculation appear on The Fly's news feed, it should be viewed not as giving credence to the conjecture, rather as simply highlighting its impact on the stock prices of the companies involved.
13:13 EDTYELPYelp January weekly calls active
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