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Yelp: Is It Really That Bad?

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  • The downward momentum continues to add up at Yelp.
  • The local consumer review site provided weak revenue guidance due to a couple of short-term factors that didn't please the market.
  • Yelp continues to have compelling growth in key metrics generally misunderstood by the market which focuses on flawed total unique users.
Prior to reporting Q215 earnings, Yelp (NYSE:YELP) traded at multi-year lows. The momentum the stock saw in rushing above $100 in early 2014 was all about gone so it wasn't a big shock that any perceived negative news sent the stock collapsing in after-hours trading.

Read the full article on Seeking Alpha.


Disclosure: Long YELP. Please review the disclaimer page for more details. 



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