Wednesday, November 12, 2008
Yahoo Stock Drops Close to the Perilous $10 Mark–Uh-Oh
Today, Yahoo shares plummeted almost nine percent to close at $10.34, off $1.01, in yet another freefall that has all sorts of disturbing implications for the troubled Internet company.
Yahoo’s market cap is off another billion dollars to $14.3 billion right now, and that has a big impact on everything from its talks to merge with AOL to the morale of its employees to an ability to pull up before it’s too late.





