YELP News and Press, Yelp Inc. From 07/18/23

2023-07-18 16:25:38 ET Summary Yelp Inc. got a Buy call from Goldman Sachs, sending the stock above key resistance around $40. An activist had called for the consumer review site to sell the business due to constant stock compensation issues and aggressive stocks sales, keeping a ...

Shares of Yelp Inc. (NYSE: YELP) traded at a new 52-week high today and are currently trading at $41.17. So far today, approximately 490.8k shares have been exchanged, as compared to an average 30-day volume of 641.12k shares. Yelp Inc. operates a platform that connects consumers with local b...

2023-07-17 08:41:00 ET Goldman Sachs upgraded Yelp ( NYSE: YELP ) to Buy from Neutral and raised raised its 12-months price target on the stock to $47 from $38 as the firm sees a more positive risk/reward skew at current levels. Goldman analysts noted that based o...

2023-07-11 09:00:00 ET Summary Yelp's stock is up 34% year to date, outperforming the S&P 500, due to stronger fundamentals and increased advertiser demand. Yelp is expanding into new categories such as Home Services and targeting multi-location national chains, which is drivi...

Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, announced that on June 14, 2023, the Compensation Committee of Yelp’s Board of Directors granted inducement restricted stock unit awards covering 31,055 shares of Yelp’s common stock to two new non...

2023-06-16 12:51:36 ET Summary Activist investor TCS Capital Management has acquired a 4% stake in the service-recommendation platform Yelp and is pushing the company to explore strategic alternatives. The activist has pointed out that the company might be an attractive acquisitio...

2023-05-24 10:00:00 ET Summary Yelp has garnered another bad review – though this one may have some golden advice. Yelp's stock price is down more than 30% in five years and the company trades at nearly 6 times analysts’ predicted EBITDA for the next 12 months. A...

Stocks fell Tuesday as ongoing debt ceiling discussions appeared to yield little progress. The Dow Jones Industrials lost their mojo during the afternoon, plummeting 231.07 points to close Tuesday at 33,055.51. The S&P 500 dropped 47.05 points, or 1.1%, to 4,145.58. The NASDAQ col...

2023-05-23 11:52:51 ET Shares of crowd-sourced review platform Yelp (NYSE: YELP) jumped on Tuesday after an activist investor publicly expressed its frustration with the company and demanded action. As of 10:30 a.m. ET, Yelp stock was up about 9%. Shares of Angi (NASDAQ: ANGI)...

2023-05-23 09:47:09 ET Shares of Yelp Inc ( NYSE: YELP ) opened about 10% up this morning after an activist investor disclosed a sizable stake in the recommendation website operator. TCS wants Yelp to merge with Angi On Tuesday, TCS Capital Management pushed the California-b...