Yahoo!'s Stock Falls as Profits Double

Jul 8, 2004 - 8:35 am 0 — by
Filed Under Yahoo News

Confused? Yahoo profit doubles; shares tumble, so am I. "Yahoo's stock fell in after-hours trading, down 14 percent to $28 a share shortly after the company reported earnings." "Yahoo on Wednesday reported earnings that met Wall Street analyst expectations, thanks to continued strength in its commercial search business."

Good thing I am not a day trader. :)

Forum discussion at WebmasterWorld.

 

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