Yelp's forecast falls short
October 23, 2014 at 14:23 PM EDT
Yelp
Inc. (NYSE: YELP) swung to a profit for the third quarter of 5 cents
per share compared with a loss of 4 cents per share a year earlier as
revenue soared
but the review site forecast current quarter revenue that fell short of
expectations. The stock price plummeted $11.16 to $59.07.
