Jan. 12 (Bloomberg) — Yahoo! Inc. fell as much as 7.5 percent in Nasdaq trading after Broadpoint AmTech cut its recommendation on the stock, citing a slower online advertising market.
Google Inc.’s stock, once a Wall Street standout, performed like the rest of the crowd this year – horribly. After starting 2008 near $700, the Mountain View Internet giant’s shares closed Wednesday at $302.95, a 57 percent decline. It’s a major reversal from…
SAN FRANCISCO — If activist investor Carl Icahn is going to profit from his $1.8 billion bet on Yahoo Inc., the billionaire needs the struggling Internet company’s stock to more than double in value.
Google Inc.’s stock snapped out of its recent funk Tuesday after new data showed the Internet search leader is becoming even more dominant in the most lucrative part of the online advertising market.
Yahoo fell into the $12-a-share-range Thursday, marking the second consecutive day its stock tumbled to a new low.
Shares in Yahoo Inc dropped as much as 9.5 percent in early trading on Wednesday after two groups of Wall Street analysts cut their price targets for the Web company’s stock due to a weakening display advertising outlook.
Yahoo Inc. will generate a five-year stock return that shows it was right to reject Microsoft Corp.’s $47.5 billion offer, co-founder David Filo said.
SAN FRANCISCO – Yahoo’s stock has sunk to its lowest level in nearly five years, magnifying the challenge facing the internet company as its management tries to justify their rebuff of Microsoft’s $47.5 billion takeover bid.
Shares of Yahoo , which fended off an unwelcome takeover bid from Microsoft earlier this year, hit their lowest level in nearly five years on Thursday.
Yahoo Inc.’s stock sunk to its lowest level in nearly five years Thursday, magnifying the challenge facing the Internet company as its management tries to justify their rebuff of Microsoft Corp.’s $47.5 billion takeover bid.
