YELP Stock Recent News
YELP LATEST HEADLINES
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 driving growth. Despite a shift in sales strategy and pandemic-related layoffs, Yelp continues to grow its paid advertiser accounts and is expected to boost its adjusted EBITDA.
Yelp (YELP) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Yelp is the target of an activist investor who says the company should merge with Angie's List or explore other options because its falling behind and has the wrong CEO.
Yelp Inc. is under pressure again from an activist investor to sell the company — which is not a new story and may face the same roadblock as previous efforts.
Eric Semler, TCS Capital Management president, joins 'Closing Bell Overtime' after calling on Yelp to consider a sale to Angi in an activist push.
Activist investor TCS Capital Management demanded Yelp take immediate steps to boost the stock price, including considering a sale.
CNBC's Deirdre Bosa reports on news from Yelp.
An activist investor believes Yelp needs to seek a sale or a value-adding merger. Management hasn't responded to the open letter so investors shouldn't put too much weight on the given suggestions.
Yelp jumped as much as 14% Tuesday, heading for its biggest single-day increase since August. The Wall Street Journal reported that an activist investor has called on Yelp to explore a sale.
The shares of Yelp Inc (NYSE:YELP) are up 9.8% at $35.69 at last check, after TCS Capital Management asked the company to explore strategic options, including a sale or merger with internet services concern Angi (ANGI).