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05-10-2017, 04:20 AM
Yelp is having a truly brutal day
http://i.amz.mshcdn.com/Z6mXh0RGkCLqbDu-EueMR6utuek=/575x323/filters:quality(90)/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fima ge%2F472107%2F834eedfb-e345-4a85-9534-141ab2d3b28e.jpghttp://a.amz.mshcdn.com/assets/feed-tw-e71baf64f2ec58d01cd28f4e9ef6b2ce0370b42fbd965068e9 e7b58be198fb13.jpg (http://twitter.com/share?via=Mashable&text=Yelp+is+having+a+truly+brutal+day&url=http%3A%2F%2Fmashable.com%2F2017%2F05%2F09%2Fy elp-business-struggling%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial)http://a.amz.mshcdn.com/assets/feed-fb-8e3bd31e201ea65385a524ef67519d031e6851071807055648 790d6a4ca77139.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2017%2F05 %2F09%2Fyelp-business-struggling%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial&src=sp)
"Yelp needs help" was the joke of finance Twitter Tuesday, as the company's stock plummeted down by more than 28 percent in after-hours trading.*
SEE ALSO: You can **w book fitness classes on Google (http://mashable.com/2017/03/31/reserve-by-google-fitness/?utm_cid=a-seealso&utm_campaign=&utm_context=textlink&utm_medium=rss&utm_source=)
$YELP (https://twitter.com/search?q=%24YELP&src=ctag) bloodbath..pic.twitter.com/38x21KIjj0 (https://t.co/38x21KIjj0)
— twobacons (@twobacons) May 9, 2017 (https://twitter.com/twobacons/status/862039315299389442)
That's an extreme dip and a bad look for a company that has been desperately attempting to climb back to its heights of 2014. Yelp's stock was ripped to shreds after the company reported sales under analysts' forecasts and also slashed its own revenue estimates for the year.*
In other words, we didn't do as well as people had expected, and the future isn't looking great either. Read more... (http://mashable.com/2017/05/09/yelp-business-struggling/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Facebook (http://mashable.com/category/facebook/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Google (http://mashable.com/category/google/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Yelp (http://mashable.com/category/yelp/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Silicon Valley (http://mashable.com/category/silicon-valley/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://pubads.g.doubleclick.net/gampad/ad?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1494368064 (http://pubads.g.doubleclick.net/gampad/jump?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1494368064)
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"Yelp needs help" was the joke of finance Twitter Tuesday, as the company's stock plummeted down by more than 28 percent in after-hours trading.*
SEE ALSO: You can **w book fitness classes on Google (http://mashable.com/2017/03/31/reserve-by-google-fitness/?utm_cid=a-seealso&utm_campaign=&utm_context=textlink&utm_medium=rss&utm_source=)
$YELP (https://twitter.com/search?q=%24YELP&src=ctag) bloodbath..pic.twitter.com/38x21KIjj0 (https://t.co/38x21KIjj0)
— twobacons (@twobacons) May 9, 2017 (https://twitter.com/twobacons/status/862039315299389442)
That's an extreme dip and a bad look for a company that has been desperately attempting to climb back to its heights of 2014. Yelp's stock was ripped to shreds after the company reported sales under analysts' forecasts and also slashed its own revenue estimates for the year.*
In other words, we didn't do as well as people had expected, and the future isn't looking great either. Read more... (http://mashable.com/2017/05/09/yelp-business-struggling/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Facebook (http://mashable.com/category/facebook/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Google (http://mashable.com/category/google/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Yelp (http://mashable.com/category/yelp/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Silicon Valley (http://mashable.com/category/silicon-valley/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://pubads.g.doubleclick.net/gampad/ad?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1494368064 (http://pubads.g.doubleclick.net/gampad/jump?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1494368064)
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