Soros Sticks To Yahoo, Cuts AOL In Half (YHOO, AOL)

Billionaire investor George Soros appears to be unimpressed by AOL boss Tim Armstrong since the Time Warner spin-off last December. In Q1, Soros Fund Management LLC sold more than 50% of its $12 million stake in AOL

. The fund, however, maintained its 3.5 million share position in Yahoo

. Both AOL and Yahoo have revamped their content and media strategies by launching seed.com and purchasing Associated Content, respectively. Why does Soros favor Yahoo? Analysts are guessing 1) Yahoo has more cash than AOL, 2) Yahoo has sizeable Asian assets, 3) AOL perennially performs below expectations as far as earnings are concerned, and 4) AOL’s dwindling subscriber base. YHOO is currently trading at $14.00, up 1.52%, and AOL is trading at $22.29, up 1.87%%. Analyze Any Stock FREE! Click