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Yelp Inc. (YELP) in Focus: Stock Gains 12.8% in Session
Yelp Inc. (YELP - Free Report) was a big mover last session, as the company saw its shares rise roughly 13% on the day. The stock moved up after the company reported better-than-expected second quarter 2016 results. This led to solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock is now up 23.5% in the past one-month time frame.
This Internet content industry stock witnessed one negative estimate revision in the past 30 days. The Zacks Consensus Estimate however remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Yelp has a Zacks Rank #3 (Hold).
YELP INC Price
YELP INC Price | YELP INC Quote
However, a better-ranked stock in the same space is Changyou.com Limited , sporting a Zacks Rank #1 (Strong Buy).
Is YELP going up? Or down? Predict to see what others think: Up or Down
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