Yelp Stock’s Down 45%, But Sales up 20%, Why?
- Wednesday, June 10, 2020, 7:14
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Yelp’s stock, an online directory for discovering local businesses, has declined around 45% since the end of 2017. But what went wrong for the company to see such a drop in stock price, despite revenue growth of close to 20% over the same period? As it turns out, the company saw a 78% decline…