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Why Is It Moving? Looking Into Why Yelp's Stock is Trading Lower Today

January 4, 2021 10:45 am
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Why Is It Moving? Looking Into Why Yelp's Stock is Trading Lower Today

The Price And Volume Action In Yelp's Stock Today

Yelp (NYSE:YELP) is currently down 6.16% to a price of $30.58. Monday the stock has been traded at a volume of 578.87 thousand, about 43.82% of its recent 30-day volume average of 1.32 million.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Yelp shares are trading lower. Weakness potentially related to US COVID-19 concerns and a slower-than-expected vaccine rollout, which could delay restaurant reopenings and negatively impact restaurant-related businesses.

Insights On Recent Price Action

The 50-day moving average price of Yelp’s stock was $27.85 when this article was published. The stock reached a high of $37.49 and a low of $12.88 in the past 52 weeks.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.


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