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Yahoo (YHOO) saw its stock slide to a 13-month low Wednesday as the value of its stake in China e-commerce leader Alibaba Group (BABA) continues to shrink. Yahoo stock was down more than 5% in midday trading in the stock market today, near 34. Yahoo stock is down 34% from a more than 14-year high of 52.62, touched on Nov. 18. Alibaba stock was down 6% midday Wednesday, near 72.50, after the company posted revenue that missed expectations for its Scalper1 News
Scalper1 News