This blog covers the stocks that are part of the GDT::Portfolio.
Wednesday, February 3, 2016
Yahoo! (YHOO) Dumps and Hits a New 52-Week Low
Yahoo! (YHOO) hit a new 52-week low of $27.15 this morning (02016.02.03) after reporting 4Q'15 results. My guess is YHOO will make yet another 52-week low before the market closes today. Yahoo! announced it was going to fire a bunch of Yahoo!'s, but the workforce reduction was not considered good news by Wall Street. I'm a fan of Yahoo! CEO Marissa Mayer (she's on my computing Dream Team), but my patience for her to implement a turn around has become a decaying function of time.
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