Yelp August volatility elevated into Q2 and revenue growth outlook Yelp August weekly call option implied volatility is at 136, August is at 75, September is at 61, January is at 52; compared to its 26-week average of 62 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on July 30.
Yelp pullback a buying opportunity, says Wunderlich Wunderlich recommends using the pullback in shares of Yelp as a buying opportunity. The firm says its checks with Yelp advertisers has reinforced the value of the ads. It thinks acquisition rumors could resurface with Yelp now trading at a "more affordable price." Wunderlich reiterates a Buy rating on the stock with a $105 price target.