Yahoo’s latest earnings report was a mixed bag, and Wall Street didn’t seem to know how it should react. Following Tuesday’s report, the company’s stock dropped slightly on Wednesday, then rose slightly and ended the day a tiny bit ahead. On Thursday, Yahoo shares were off by about 2 percent mid-day, in sync with the market overall. That sound you hear, said analyst Trip Chowdhry, is the collective scratching of heads over Yahoo’s direction.
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Yahoo Investors Waiting to Exhale
Posted by: Erika Morphy April 18, 2013 09:11 AMYahoo’s latest earnings report was a mixed bag, and Wall Street didn’t seem to know how it should react. Following Tuesday’s report, the company’s stock dropped slightly on Wednesday, then rose slightly and ended the day a tiny bit ahead. On Thursday, Yahoo shares were off by about 2 percent mid-day, in sync with the market overall. That sound you hear, said analyst Trip Chowdhry, is the collective scratching of heads over Yahoo’s direction.