Yahoo Closes At $13.76. What A Train Wreck.

“I guess the upside is that a stock can’t fall below zero, so there’s an end in sight to the ongoing destruction of jobs and shareholder wealth at Yahoo. The stock closed at $13.76 today, down another 5.6%. And this isn’t just part of the market’s overall meltdown – the Nasdaq fell just 0.8% today, and Google, Yahoo’s main direct competitor, was down just 2.3%. At this point I’ve moved beyond wondering how Yahoo’s senior management manages to keep themselves …”
via TechCrunch

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