Yelp, Inc. (NYSE: YELP)
Hagens Berman Sobol Shapiro LLP alerts investors in Yelp, Inc. (NYSE: YELP) to the firm's investigation into possible disclosure violations.
If you purchased or otherwise acquired securities of YELP between July 24, 2017 and November 8, 2018 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more infomation contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing YELP@hbsslaw.com.
On November 8, 2018, Yelp and its management announced disappointing Q3 2018 financial results and disappointing sales projections. The media reports that analysts are slashing their price targets for Yelp after the announcement.
This news drove the price of Yelp shares down as much as $14.17, or about 32%, during intraday trading on November 9, 2018.
“We’re focused on investors’ losses and the extent to which management’s earlier statements about Yelp’s business may have been misleading,” said Hagens Berman partner Reed Kathrein.
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