Yahoo's Stock Price Continues to Plummet

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FS Owner
It seems that Yahoo thought its stock had hit rock bottom in June of 2008 when it was trading at $23.52 per share. This price was reached after Microsoft walked away from its talk with Yahoo of a buyout.

CNET News reports that Yahoo's stock has now dropped to a new 52-week low with the stock trading Thursday morning at $17.81 per share. The low stock price makes Microsoft's offer of $31 per share for Yahoo stock in February 2008 seem like a gift of the biggest kind.

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View Full Article: DailyTech
 
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