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should I buy yahoo stock

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YHOO Stock Now Has to Wrestle with Taxes Post-Alibaba IPO

By , Associate Editor, Money Morning • @JimBach22 -

yhoo stock

Yahoo! Inc. (Nasdaq: YHOO) stock rose 4% today, with Starboard Value LP reportedly buying up a large stake in the company.

The investment management firm’s decision is a positive development for YHOO, which had seen its shares tumble for most of the week on concerns that as it sheds its portfolio of overseas investments, the remaining core business will be valueless.

Here’s one thing YHOO needs to do to reassure shareholders now…