It should be noted that Yahoo owns 20% of Alibaba. With Alibaba announcing its IPO plans earlier this year, yahoo's stake is worth between $13B to $18B. Most of the share price increase is because of this. Not because Yahoo's core business has gotten better. Yahoo is worth $31B today. So almost 1/3 to 1/2 of Yahoo's valuation is its stake in Alibaba. In 2008, nobody knew how big Alibaba would get.
The S&P 500 index was at around 1,300 at the beginning of 2008.<p>It's at around 1,700 today -- actually, a record high.<p>Of course, it reached as low as 700 to 800 in March 2009.
Yay, let's celebrate the underperforming. I suspect many Yahoo investors would rather have had their $31 5 years ago so they could have invested it in something that would actually grow.<p>Though, at least they've had better results than the MSFT investors.
bought yhoo at 26 usd, set a limit at 31, excellent!<p>i really believe in what melissa meyer's doing for the company, though i dont see them in the same vein as google, more so an online media company, not in terms of a true innovator which is fine because if you get that right, there's plenty of money to be made, buy!
One interesting bit of Yahoo news. Yahoo in Australia is partnering with Adwords rather than Bing Ads. Wouldn't surprise me if all of Yahoo went that way once their contract with Microsoft is up.<p>Despite all the effort it doesn't really feel like Bing Ads is on the map compared to Adwords.
Just wondering, how many people use Yahoo? It's supposed to be getting more popular but at least with my peers I don't see that trend. Is it popular outside of the USA?
There is no legitimate business-based excuse for Yahoo! to have turned down Microsoft's offer. Yang et al had to fight tooth and nail to keep it from being executed, and that opposition was obviously based purely on ideology: not wanting to become part of the MS behemoth. I don't believe any informed person seriously thought that Yahoo!'s choice to not only forgo but actively prevent Microsoft's buyout had anything to do with anything else.