YHOO: Yahoo Stock
SAN FRANCISCO - Yahoo's profit slipped again in the second quarter, a recurring theme that has frustrated shareholders and raised doubts about the Internet company's future.
Ref. https://www.signonsandiego.com/uniontrib/20...1b23yahoox.html
Under CEO Marissa Mayer's leadership, Yahoo reported better than expected earnings after the stock market's close on Monday. Shares of Yahoo jumped 4.5% to $21.22 in after-hours trading following the report. Ref. USAToday
Yahoo handily beats estimates as investors wait on Alibaba stock sale news
Yahoo shares soared 4% in after hours trading as the struggling Internet company reported $1.094 billion in revenue, beating Wall Street estimates. It was a vindication for the company's CEO, Marissa Mayer, who has been under pressure as investors wait to hear how she will spend the cash expected from an anticipated sell-off of some of Yahoo's Alibaba shares. Ref. USAToday