Why Yelp Stock Was Sliding Today
Yelp(YELP) The Motley Fool·2024-02-16 19:37Shares of Yelp (YELP -12.81%) were getting a 1-star rating from investors after the review site posted another underwhelming earnings report. The company essentially matched estimates in its fourth-quarter earnings report, but issued weak guidance for 2024.As of 1:11 p.m. ET, shares were down 13.6%. Nothing to yelp aboutYelp's results for the quarter were mostly in line with analyst expectations. Revenue in the period rose 11% to $342.4 million, which edged out the consensus at $341.3 million.Growth in 2023 ...