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Why the Yahoo Stock Price Fell Today (Nasdaq: YHOO)
That Yahoo stock price opened down 1.7% today (Wednesday) at $30.36 after its Alibaba spin-off plan was rejected by the IRS yesterday.
Yahoo stock did rebound Wednesday afternoon and was trading near $31.43 at 12:00 p.m.
Here's what investors need to know about the Alibaba spin-off and the Yahoo stock price...
That Yahoo stock price opened down 1.7% today (Wednesday) at $30.36 after its Alibaba spin-off plan was rejected by the IRS yesterday.
Yahoo stock did rebound Wednesday afternoon and was trading near $31.43 at 12:00 p.m.
Here's what investors need to know about the Alibaba spin-off and the Yahoo stock price...