Seeking Alpha

Yelp's (YELP +16.9%) Q2 beat and guidance hike is yielding a mixed reaction in some circles, as...

Yelp's (YELP +16.9%) Q2 beat and guidance hike is yielding a mixed reaction in some circles, as praise for the company's numbers is tempered by concern over its valuation. Raymond James (Market Perform) points out Yelp is now trading at ~60x estimated 2013 EBITDA, and a giant share lock-up expiration is arriving at month's end. Citi, Goldman, and Oppenheimer are also reiterating neutral stances. (previous) (transcript)
Comments (1)
  • corte33
    , contributor
    Comments (78) | Send Message
     
    Many traders will get burned on this dog.
    2 Aug 2012, 06:24 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|