Major Movers on May 2; YELP, V, FB, BEAM, CI

Shares of Yelp Inc. (NYSE: YELP) catapulted 25% by afternoon trade after the online business and restaurant reviewer posted better-than-expected revenue for the fiscal first quarter, late last evening. The Company also provided optimistic guidance for the full-year fiscal. Loss per share however was slightly higher than Wall Street’s estimate.

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