YELP Stock Recent News

Yelp is alleging unfair business practices after years of complaining about Google's practices with search and recommendations.

CNBC's Deidre Bosa joins 'The Exchange' with details about Yelp's antitrust suit against Google.

After years of complaining about Google's practices with search and recommendations, Yelp has sued the company for unfair business practices.

Yelp Inc. took its long-simmering feud with Google to the next level Wednesday, filing an antitrust lawsuit against the tech giant and accusing it of using its dominant position to crush competition.

Yelp complained for more than a decade that Google tilted the search market in its favor. After its rival's landmark legal loss, it finally decided to sue.

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Yelp (YELP) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Shares of Yelp barely reacted to a very strong "beat and raise" in Q2, and the stock remains down nearly 30% year to date. Yelp's growth in its home services category continues to outweigh macro-driven headwinds in restaurants and retail. The company also raised its full-year adjusted EBITDA outlook by ~3%.

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