4 ms·
"On Jan. 31, just before Microsoft’s uninvited bid for Yahoo became public, Yahoo closed at $19.18." Now, after reporting good quarterly results, they are trad
by Readmore 18y ago
"On Jan. 31, just before Microsoft’s uninvited bid for Yahoo became public, Yahoo closed at $19.18."
Now, after reporting good quarterly results, they are trading at $24.04.
The sky isn't falling.
Update: that puts Yahoo up 23% since Jan 31st. For comparison Google is only up 5% over the same period.
- redorb 18y agocomparing yhoo to goog, is definitely apples to oranges, I would suspect (at least my intuition says) that the higher your stock price, the harder it is to gain percentages. so google being up 5% ($29.5) and yahoo being up 23% ($5.65) doesn't really correlate;
- cstejerean 18y agofrom an investor point of view it's a fair comparison.
- Panoramix 18y agoI agree, but keep in mind that it has been only one day. This could keep going for some more time.
- Readmore 18y agoThat is very true. Hopefully Yahoo's new Open initiative will help them to gain visibility and search market share.