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BoomTown

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.

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About Kara

Kara Swisher started covering digital issues for The Wall Street Journal's San Francisco bureau in 1997 and also wrote the BoomTown column about the sector. With Walt Mossberg, she co-produces and co-hosts D: All Things Digital, a major high-tech and media conference. Read more »

Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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