Typical Yelp
Yelp slumps 30% on a typical sales hiccup.
The consumer review site saw key metrics grow about 20% YoY.
The stock has historically rebounded following these quarterly problems as the stock bounces off trough P/S multiples.
Yelp (YELP) never seems to fail to rip failure out of the hands of success. The consumer review site always follows strong quarters with unexpected issues. The stock has historically been a buy on these dips as the key consumer metrics constantly expand in the 20% range.
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