Yelp (YELP) Stock: Why It Surged Over 18% Today

By Amit Chowdhry ● Aug 5, 2022
  • The stock price of Yelp (NYSE: YELP) surged over 18% during intraday trading today. This is why.

The stock price of Yelp (NYSE: YELP) surged over 18% during intraday trading today. Investors are responding positively to the company’s second-quarter results.

Yelp had reported a Q2 EPS of $0.11, which was $0.11 higher than analyst estimates. And the revenue for the quarter was $299 million compared to the consensus estimate of $285.75 million.