Saturday, June 21, 2008

Tech Trader Daily - Barron’s Online : Yahoo Heads For Lowest Close Since MSFT Unveiled Bid

Check the full post for more grim Yahoo! details

Yahoo (YHOO) shares are headed for their lowest closing price since January 31, when the stock finished at $19.18 right before Microsoft (MSFT) went public with a $31-a-share stock-and-cash offer for the company. This would be the 8th down day for the stock out of the last 9. The stock is off about 26% since peaking in mid-February at $29.98.

Tech Trader Daily - Barron’s Online : Yahoo Heads For Lowest Close Since MSFT Unveiled Bid

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