— Yelp Inc. (NYSE: YELP) reported its fourth-quarter 2019 earnings of $0.24 per share vs $0.26 per share expected.
— Revenue rose by 10% to $269 million versus $273.65 million expected. Results were hurt by seasonal reductions by small- and medium-sized business customers.
— David Schwarzbach, a former eBay executive, will take charge as Chief Financial Officer, effective February 14.
— Christine Barone, CEO of True Food Kitchen, will join Yelp board on March 1.
— YELP stock fell 7.1% following the announcement.
The recent travel restrictions have taken a heavy toll on the tourism industry, leaving almost all destinations deserted. Vail Resorts Inc. (NYSE: MTN), a leading operator of mountain ski resorts,
Shares of Boeing Co. (NYSE: BA) were up 13% in afternoon hours on Monday. The stock is down 63% from its 52-week high of $391. As the aviation industry suffers
Shareholders of online furniture retailer Wayfair Inc. (NYSE: W) have been speculating about their returns for long, with the stock not making any meaningful gains in the past several months.