Yelp's 2014 a Sorry Follow Up to '13, But Analysts Optimistic

Yelp, which roared onto public markets after spurning a Google takeout offer, then soared after its IPO debut.
Author:
Publish date:

TheStreet's e-commerce Chart of the Day continues throughout this week, as we bring some of the web's heavy hitters on the shopping scene: Today, is Yelp, which roared onto public markets after spurning a Google takeout offer, then soared after its IPO debut. The stock more than tripledacross 2013, but 2014 has been a different story, as Yelp's lack of profitability held its shares back. That all changed, with a surprise beat this summer, and now analysts are lifting their outlook for Yelp stock, The nextearnings report won't come until November, but this is one stock that could be oversold.