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I like how Yahoo's stock went down after the announcement: http://finance.google.com/finance?client=ob&q=NASDAQ:YHOO http://finance.google.com/finance?client=ob

• dimitry 19y ago
  No.. Y! actually didn't do much better than same time last year (2007 Q1). It only seems so large because of their one-time sale of Alibaba stock. The actual profits from normal business were a tad-bit less than that of last year. Basically, they still beat expectations (which didn't include the one-time event), but not by a lot. (And still less than last year).
  • antiismist 19y ago
    What happened in Q1 2007 is not relevant here, and neither is Alibaba, because those are things that analysts would have already taken into account. What is new is that they exceeded the analysts expectations, and usually when that happens the stock goes up. I'm just saying I find it unusual that because of the circumstances, exceeding expectations, that is, doing better than people thought they would, actually makes the stock go down.
• aston 19y ago
  Yahoo's stock price has not had much to do with their fundamentals for a long time. At this point, all of the institutional investors are just placing a bunch of over/under bets on the Microsoft acquisition going through, hence why it's basically at $30 per share.
  • antiismist 19y ago
    That is what I am saying. That Yahoo is being valued in such an unusual way that by doing better than what everyone thought, the stock goes down.