Yahoo Stock Drops 22% In Pre-Market Trading

Posted: May 5 2008, 6:58am CDT | by , Updated: Aug 11 2010, 7:52am CDT, in News | Technology News


Yahoo Stock drops 22% in Pre-Market Trading
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As expected the Yahoo! stock takes a beating after Microsoft stopped pursuing the company this weekend.
The Yahoo stock is currently down over 20% in pre-market trading. Microsoft's stock on the other hand is on the rise.
The cancelled deal generates huge buzz in the media. There are tough times ahead for Jerry Yang this week.
Microsoft withdrew their bid for Yahoo on Saturday. The company also said not to pursue a hostile take over.
See Yahoo stock value on Yahoo Finance site.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
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