Jim Cramer Shares Insight on Yelp's Disappointing Guidance
In his latest commentary for TheStreet, Jim Cramer comments on Yelp's thin fourth quarter guidance, which sent shares on a precipitous decline on Wednesday.
In his latest commentary for TheStreet, Jim Cramer comments on Yelp's thin fourth quarter guidance, which sent shares on a precipitous decline on Wednesday. On the earnings call, the company reported a change in Google's algorithm, which changes how sites are listed on the search engine and could cause declines in traffic if sites are bumped lower. Cramer says Yelp will be a takeover play and he doesn't see anything that explains what's going wrong there. Shares of the tech company have slumped almost 15% since the start of the year, but are up triple-digits since its 2011 debut as a public company.









