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Why Yelp Stock Spiked Today

TheMotleyFool

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Shares of Yelp (NYSE: YELP) surged today. The online review site got a boost from a strong earnings report from advertising giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and the broad market jumped on news that a drug trial showed faster recovery times for COVID-19 patients.

Yelp stock finished the session up 19.8%.

Image source: Yelp.

Source Fool.com

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