Yelp Inc. (YELP) reported a first quarter net loss of $0.08 per share after the close Wednesday, compared to the loss of $0.31 per share last year. The consensus estimate was for a loss of $0.06. The stock is now up 1.20 on 51K shares.
Yelp fell during the first 45 minutes of trade Wednesday, but settled into a range for the remainder of the session. The stock closed down by 0.73 at $25.30. Yelp finished near the lower end of a 1-month range.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.