Yahoo stock plunges? US$7 billion has been added to the share value Yahoo! as a result of the failed Microsoft takeover bid. On Jan 31, the day before Microsoft offered $31/share for Yahoo, YHOO was at $19.18/share (market cap: $26.4 billion) and MSFT was at $32.60/share (market cap: $303.6 billion). At the close of trading today, YHOO closed at $24.37/share (market cap: $33.5 billion) and MSFT was at $29.08/share ... Read full entry
Yahoo stock plunges?
Posted by John Lampard on Wednesday, 7 May, 2008 to the comment subset
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