Wall Street thinks Yang’s Departure Makes Yahoo More Valuable | Startup Meme - Technology Startup and Latest Tech News

Our comments and trackback policy You Link We Follow, You Comment We Promote

Nov 18 2008

Wall Street thinks Yang’s Departure Makes Yahoo More Valuable

Bilal Hameed 

image-thumb212 Wall Street thinks Yang’s Departure Makes Yahoo More Valuable

Wall Street has responded to the news of Yang stepping down as CEO of Yahoo, and has done so in a very positive manner. Yahoo stock closed at $10.60 yesterday and is currently trading at $12, which means that Wall Street thinks that just the mere absence of Yang is worth $2 billion more for Yahoo.

  • SphereIt
  • Facebook
  • TwitThis
  • Digg
  • Reddit
  • del.icio.us
  • StumbleUpon
  • Technorati
  • E-mail this story to a friend!
  • Print this article!
No tags for this post.
Comments
Links to this Post
Leave a Comment




Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.