Yahoo Core Still Ailing As Q2 Earnings Disappoint

By | July 16, 2014

Scalper1 News

Yahoo (YHOO) saw its stock dip in morning trading Wednesday after the Web portal late Tuesday posted disappointing Q2 earnings, but also said it will retain a bigger stake in post-IPO Alibaba. Yahoo was down 4.5% in midday trading in the stock market today, near 34, in heavy trading. The Internet giant, struggling to recharge revenue growth, reported a 3% year-over-year decline in Q2 revenue of $1.04 billion, minus the commissions it pays ad Scalper1 News

Scalper1 News