Yahoo stockholders around the world (myself included) could be heard uttering, “WTF?” at the end of the day today.
The stock closed at $13.76. That is not a type. Yahoo stock is now trading at $13.76. The stock has hit a five-year low. Their #1 rival, Google, closed the day at about $338.
It’s now blatantly obvious that Yahoo can’t find their way out of a paper bag. They don’t know whether to focus on their home page, mail, search, mobile, chat, or underwater fire prevention.
Until recently, I was a big fan of Yahoo, but it’s clear to me that Yahoo, as we now know it anyway, may not exist a year from now.
Since we didn’t get MSNyhoo, maybe at least we can hope for YahAOL.
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