Yelp’s stock is down on news the Federal Trade Commission is investigating over 2,000 complaints against the online review site. TheStreet’s Jim Cramer points out a piece by a SunTrust analyst saying the number of complaints to the FTC are typical for any business. Cramer thinks the complaints will not affect Yelp and the decline may be as a result of pressure on many tech companies that went public at the same time. Cramer recommends Yelp long-term because it is a social, mobile and cloud play.
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