Yelp Inc YELP shares are trading lower by $0.65 at $22.25 in Wednesday's session. The company will release Q3 results after the close. The Street is looking for EPS ($0.09) on meager revenues of $141.42 million.
After a sharply lower open, it declined another $0.21 to $21.43 before reversing course. The ensuing rally was halted just ahead of Tuesday's close ($22.90), only reaching $22.81.
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
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