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VIEW EVENT INFORMATION: Yahoo! |
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Revenue Falls, But Yahoo Shares Jump 7% To Reach A Five-Year High |
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About the organization Yahoo!: Type: Business Sub-Types: Website, Search Engine, Online News, Webmail |
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Notable Organizations: Yahoo!, Techcrunch |
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Shortly after the stock market opened, Yahoo shares (NASDAQ:YHOO) have jumped to 28.91, representing a 7.55 percent increase over yesterday’s closing price of 26.88. More importantly, it represents a five-year high for the Silicon Valley veteran. Yet, Yahoo announced its Q2 earnings yesterday and it wasn’t as straightforward as the NASDAQ makes it look. Revenue was down 1 percent… |
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