Why Yelp Stock Rose 16% in February

Demitri Kalogeropoulos, The Motley Fool
·1 min read
Why Yelp Stock Rose 16% in February

Yelp (NYSE: YELP) shareholders outperformed a rising market last month. Shares rose 16% in February compared to a 2.6% gain in the S&P 500, according to data provided by S&P Global Market Intelligence. Yelp's early February earnings report included mixed operating results, with sales declining under the weight of pandemic pressures but profitability rising thanks to cost cuts.