Yelp, Inc. Posts a Surprise Profit, Strikes a Deal With Grubhub
It's not every day you see shares of any company skyrocket nearly 30%. But Yelp Inc. (NYSE: YELP) did just that on Friday thanks to a stellar second-quarter report and a win-win deal with online food ordering specialist Grubhub (NYSE: GRUB).
Let's take a closer look at how Yelp capped the first half of the year, as well as what investors can expect from the local business review company in the coming quarters.
Image source: Yelp.
Source: Fool.com
Yelp Inc. A Stock
€33.40
-0.600%
Currently there is a rather positive sentiment for Yelp Inc. A with 5 Buy predictions and 2 Sell predictions.
With a target price of 44 € there is a positive potential of 31.74% for Yelp Inc. A compared to the current price of 33.4 €.
