Yelp Announces New AI Chatbot Service, Yelp Assistant, Leading to Stock Increase
Yelp's stock rose over 3% on Tuesday following the announcement of its new AI-powered chatbot, Yelp Assistant, which allows users to find and book services directly. The update was released ahead of market open and is considered a significant product evolution for the company. The S&P 500 index declined by 0.6% during the same trading session.
Tickers: $YELP
Topics: AI chatbot product launch stock performance Yelp Assistant