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.
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[...] CEO slot may be lying vacant for now and Yahoo looking for a change. But one thing is set to remain as it was; Yahoo’s plans [...]