|Bid||46.95 x 2200|
|Ask||48.95 x 1400|
|Day's Range||46.60 - 48.00|
|52 Week Range||36.41 - 51.33|
|PE Ratio (TTM)||27.40|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||50.09|
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Thursday.
YY Inc (YY) posts better-than-expected earnings and revenues in second-quarter 2018, courtesy of robust contribution from the live streaming segment.
Yelp Inc (NYSE:YELP) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the caseRead More...
On a day when hyper-growth tech stocks Roku (NASDAQ:ROKU) and Yelp (NASDAQ:YELP) reported strong numbers and shot up more than 20%, it is easy for casual market observers to look over Jack in the Box’s (NASDAQ:JACK) third quarter earnings report. JACK stock is really heating up. Jack in the Box reported a very strong double-beat quarter wherein comparable sales growth finally came back into positive territory after a multi-quarter stint below zero.
Yelp (YELP) shares hit a new high following the release of its second-quarter results, which were driven by growth in ad revenues.
Yelp Inc. shares soared to a new 52-week high Thursday, after an earnings beat defied pessimism about the online-reviews site’s move to shorter-term advertising commitments.
NEW YORK, NY / ACCESSWIRE / August 10, 2018 / Roku and Yelp were two of the biggest winners in the market in Thursday trading, both soaring after solid second quarter financial results. Roku, Inc. shares closed up 21.31% on about 39 million shares traded yesterday. For the quarter, Roku reported a profit of $526 million, compared with a loss of $15.5 million a year ago.
Yelp Inc. shares gained about 29% in trading Thursday after the online review company had record growth in paying advertising accounts and stronger-than-expected ad revenue in its latest quarter. San Francisco-based Yelp said the growth was driven by increasing its sales force and ending a requirement for business customers to commit to a fixed time period for ad spending. Yelp said Wednesday that advertising revenue in the second quarter grew 21% from the prior-year period to $226 million.
Stocks that moved substantially or traded Thursday: Rite Aid Corp., down 20 cents to $1.54 The drugstore chain ended its deal to sell itself to the Albertsons grocery chain for $24 billion. Yelp Inc., ...
Yelp and Norwegian Cruise Lines were early advancers on Thursday, as chips stocks dived on downgrades and Booking Holdings weighed heavy on early trade.
Roku stock was a top gainer on Wall Street Thursday as the Nasdaq drew closer to an all-time high. Roku was one of several stocks that gapped up on earnings.
What a killer earnings result it was from Roku (NASDAQ:ROKU) and investors are having no reservations about bidding it up in response. Now rallying right into its prior high, keep an eye on Roku. Besting Roku on the day was Yelp (NASDAQ:YELP), which closed higher by nearly 30% vs Wednesday’s close.
Today’s topics include Tesla troubles, Amazon health care, sports betting at Buffalo Wild Wings, and the Florida teacher with the same name as a professional golfer who found $154,000 of winnings in his bank account. Catch The Final Round at 3:55 ET p.m. with Yahoo Finance’s Jen Rogers, Rick Newman, Dan Roberts, and Jared Blikre.
Ryan McQueeney recaps earnings reports from Roku and Yelp, which saw their share prices soar after posting better-than-expected results. He also previews Dropbox's upcoming report. Later, he checks in with the technical charts of the market's major indexes.
Shares of Yelp (NASDAQ:YELP) are screaming higher Thursday, up more than 15% after the company reported second-quarter earnings results. Now trading near $44, is it possible for Yelp stock to rally to its former 52-week high at $48.40? While net income of $11 million is low, it’s up almost 40% from the $8 million Yelp had in the same period a year ago.
Yelp Inc. (NYSE: YELP) was founded in 2004, in San Francisco, California, to help its users find local businesses and the average user ratings of those businesses. To generate revenue, Yelp sells ad space to local businesses – paying advertisers cannot change their reviews. Yelp has grown its user base across the globe and has communities in major cities across the United States, Canada, Spain, Australia, Hong Kong, Switzerland, France and Germany. As of August 9, 2018, Yelp has grown into a website with a market cap of $3.99 billion, connecting its visitors with local businesses such as restaurants and entertainment venues.
Yelp Inc. saw a big jump in new accounts, helping its second-quarter ad revenue, thanks to its switch offering customers no-term ad deals, but the move also makes for more inconsistent revenue predictions. On Wednesday, Yelp reported a better-than-expected second quarter, with a nearly 12% gain in total revenue, and raised its guidance for the third quarter. Yelp executives explained on the company’s conference call that small businesses are embracing the new ad type because the lower up-front cost is more appealing.
Shares of Yelp Inc. (yelp) are up 28% in Thursday morning trading, putting the stock on track for its largest single-day percentage gain in a year. The company on Wednesday afternoon reported better-than-expected results, fueled by shorter-term ads. Jefferies analyst Brent Thill raised his price target on the stock to $55 from $53 on Thursday, writing of his enthusiasm for the company's request-a-quote product and its strong presence with restaurants.