|Bid||0.00 x 1000|
|Ask||0.00 x 1000|
|Day's Range||37.17 - 37.79|
|52 Week Range||26.28 - 41.28|
|Beta (5Y Monthly)||1.61|
|PE Ratio (TTM)||78.00|
|Earnings Date||Feb 07, 2022 - Feb 11, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||34.88|
Commercial real estate is down, and hybrid work settings are a big reason why, at least according to one real estate executive.
Shares of Yelp (NYSE: YELP) surged higher on Friday after financial results for the second quarter of 2022 beat expectations and management raised guidance for the rest of the year. As of 1:30 p.m. ET, Yelp stock was up 21%. Yelp is a local-business review platform, with 99% of 2021 revenue coming from the U.S. and 95% of total revenue was generated through advertisements.
Yelp's (YELP) Q2 results reflect benefits from increased advertising spending by customers as the pandemic-related restrictions and social-distancing measures were relaxed.