Yelp: Firming up at the 20 day (NYSE:YELP)
Yelp ($YELP) is firming up at the 20 day moving average. Shares were last at $50.23 on a volume of 3,203,340 shares, above average volume with another 45 minutes left before the closing bell.Shares are firming up at the 20 day moving average, currently at $47.54, which is where precisely where the opening print was for Yelp this morning.
The online media industry has been especially strong, with peers including $FENG, $FB, $BIDU, $QIHU, $Z, $SINA, $DATE, $LNKD, $VIPS.
The earnings gap is currently sitting down at the 50 day moving average.
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Yelp! Inc., connects people with local businesses. Its platform features more than 22 million reviews of almost every type of local business, from restaurants, boutiques and salons to dentists, mechanics, plumbers and more.
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