YELP - Yelp Reports Q4 Results Joins Roku Dropbox And Other Big Stocks Moving Lower In Friday's Pre-Market Session | Benzinga
U.S. stock futures were mixed this morning, with the Nasdaq futures trading higher by around 100 points on Friday.
Shares of Yelp Inc. (NYSE: YELP) fell sharply in today’s pre-market trading after the company reported mixed fourth-quarter financial results.
Yelp reported quarterly earnings of 37 cents per share which missed the analyst consensus estimate of 38 cents. The company reported quarterly sales of $342.38 million, beating the analyst consensus estimate of $341.32 million.
Yelp also announced its board of directors authorized a $500 million increase to its share repurchase program.
Yelp shares dipped 11.2% to $39.44 in pre-market trading.
Here are some big stocks recording losses in today’s pre-market trading session.