Shares of Yelp Inc. tumbled nearly 14% on Friday as investors reacted to a disappointing outlook that offset better-than-expected earnings. The company estimated full-year 2017 revenue in the range of $880 million to $900 million, the midpoint of which missed the FactSet consensus view of $895.3 million. The company had previously forecast that it would hit $1 billion in revenue for the year. Shares of Yelp closed down around $35.83 on Friday. Despite the sell-off, the stock is still up more than 133% in the past 12 months, vastly outperforming the S&P 500’s 25% increase.
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