What The Twittersphere Is Saying About Yahoo! Inc. Today
Yahoo! Inc. (NASDAQ: YHOO) is receiving quite a bit of attention ahead of the Alibaba IPO, and for good reason. The company owns an estimated $35 billion worth of Alibaba stock according to Barron's, and plans to cash in a sizable portion of the stake in the immediate future.
Yahoo stock, in particular, is up a little more than 12 percent in the past month.
Not surprisingly, social media users are chatting about the tech company Friday:
Never has a CEO's actions mattered so little to her stock price $YHOO
— Eric Jackson (@ericjackson) September 18, 2014
— StockTwits (@StockTwits) September 14, 2014
— Dan Mirkin (@TradeIdeas1) September 12, 2014
Yahoo could make nearly $10 billion on Alibaba's IPO.
— Vala Afshar (@ValaAfshar) September 19, 2014
And many are calling it a proxy for Alibaba:
— Ivan the K™ (@IvanTheK) September 19, 2014
— Pierce Crosby (@CrosbyVenture) September 19, 2014
— Anmol Singh (@DeltaNinety) September 18, 2014
— Brad Ginesin (@polar_cap) September 18, 2014
Disclosure: At the time of this writing, the author had no position in the equities mentioned in this report.
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