Citigroup equity research analyst Mark May initiated coverage on 11 Internet stocks on Tuesday.
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Shares of Yelp Inc. (NYSE: YELP) catapulted 25% by afternoon trade after the online business and restaurant reviewer posted better-than-expected revenue for the fiscal first quarter, late last evening. The Company also provided optimistic guidance for the full-year fiscal. Loss per share however was slightly higher than Wall Street’s estimate. [...]
Despite Yelp Inc.’s (NYSE : YELP) revenue in the fiscal fourth quarter jumped 65 percent, shares fell almost 3 percent in aftermarket trading on Wednesday as online directory services provider’s marketing costs leaped 59 percent leading to higher-than-expected losses. [...]
Shares of FedEx Corp. (NYSE: FDX), a provider of portfolio of transportation, e-commerce and business services under the FedEx brand, rose sharply in trading today. At last check, FDX shares were trading 5.27% higher at $90.09 on above average volume of 8.12 million. The stock hit an intra-day high of $90.93 in trading today. [...]
The following stocks could see significant activity in trading on Thursday. [...]
Shares of Yelp Inc. (NYSE: YELP), a San Francisco, California-based company connecting people with local businesses, surged in trading today. [...]
Shares of luxury homebuilder, Toll Brothers Inc. (NYSE: TOL) rose sharply in trading today. The stock rose to a 52-week high of $33.68 before finishing the day 3.77% higher at $33.01 on above average volume of 10.16 million. [...]
Shares of Sears Holdings Corporation (NASDAQ: SHLD), a retailer, rose sharply in trading today. [...]
Shares of Yelp Inc. (NYSE: YELP) rose sharply on Thursday following reports that technology giant Apple Inc. (NASDAQ: AAPL) intends to include the website into its new mapping application. [...] |
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