Is it because they delete our questions for no good reason and we are complaining to sponsors? Is it because they have some outdated aol rules? Is it because their searches are not as good as Google? Do they just suck?
2006-07-20 04:26:01 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
yes 22% in one day they will lose another 3 today
2006-07-20 04:39:10 · update #1
Well Wealthmaster is a little less wealthy after the drop in Yahoo stock. Trying to buy low after the stock dropped from $42 to the low 30s I got caught up in what is looking like severe Yahoo operating problem and had to bail on the ECN at $29.50 thus leaving a few dollars to those smarter than me. Google is looking more and more like a monster PACman in the internet space devouring everything in its way. Susan Decker the Yahoo chief financial officer did not calm investors when interviewed on CNBC. For now Yahoo stock is toast, has hurt too many investors and should be avoided.
2006-07-20 09:44:05 · answer #1 · answered by wealthmaster 3 · 1⤊ 0⤋
That all depends on what your time-frame of reference is. Down 25% today? This year? Since their IPO? If you look, in September of 2002, they were around $10 a share. So, if you bought 100 shares then for $1000, they split in May of 2004, so you'd have 200 shares. Now they're around $25 a share, so your $1000 investment would be worth $2,500. That seems to be a 2-fold (or 250%) increase to me.
2006-07-20 11:42:56 · answer #2 · answered by sjoschko 3 · 0⤊ 0⤋
Their financial growth is not good. I believe Google is too ingrained into people's concious these days (see: Google in the dictionary) to be knocked off by Yahoo!. It's simple, people would rather advertise through Google than Yahoo.
2006-07-20 11:31:04 · answer #3 · answered by JTz 3 · 0⤊ 0⤋
They were supposed to come out with some technology to compete with Google and announced yesterday that they will be delayed in releasing it.
2006-07-20 11:30:05 · answer #4 · answered by Stuck in the Middle Ages 4 · 0⤊ 0⤋
More sellers than buyers. The chart was trending down for days ahead of the news.
See this:
http://www.google.com/finance?q=YHOO
2006-07-20 11:43:33 · answer #5 · answered by curious 3 · 0⤊ 0⤋
I love Yahoo.
Yahoo > Google
More like to Google :(
2006-07-20 11:29:04 · answer #6 · answered by Nabeel 2 · 0⤊ 0⤋
Because they missed earnings targets
2006-07-20 12:45:15 · answer #7 · answered by pretzel2222 3 · 0⤊ 0⤋
22%, they said they will delay its search-ad improvements.
2006-07-20 11:36:18 · answer #8 · answered by Natasha 3 · 0⤊ 0⤋