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| VIEW EVENT INFORMATION: Alibaba |
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Yahoo Drops 5% After Alibaba’s Updated F-1 Filing Indicates Slipping Margins |
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About the organization Alibaba:
Type: Business
Sub-Types: Website, Advertising Agent, Retailing Agent, Computer Software, Search Engine, E-Commerce |
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Notable Organizations: Alibaba, Techcrunch
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| Yahoo’s stock, behaving as a proxy to Alibaba’s valuation, is down 5 percent today in midday regular trading, after the Alibaba’s updated F-1 filing indicated that its operating margins are declining.
According to the company, for its most recently ended fiscal quarter, its operating margin “declined from 51.3% to 45.3%,” when compared to the comparable… |
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