Should You Hold on to YELP Stock Despite Its 11% Dip in a Year?
Yelp (YELP) , the platform synonymous with connecting users to local businesses, has seen its shares plunge 11% over the past year. This underperformance compared with the Zacks Computer and Technology sector's 12.4% return and the Zacks Internet – Content industry’s 8.7% appreciation highlights challenges stemming from softness across its restaurant and retail business segments and rising competition.Yelp’s Restaurant, Retail and Other (RR&O) segment has been experiencing a deceleration in revenues for the ...