When Bad News is Good News
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This news is another example of why you could not understand the stock market….
Apparently this is bad news for Yahoo, but the news resulted in an almost 5 percent jump on its stock — apparently, when a door close, another window opens….
The stock price rose because it is becoming more possible Microsoft might make an offer for Yahoo again…. But personally, I think the price will not be high, and it is unlikely that Microsoft will be interested in getting the whole company.
Yahoo’s fate unclear as Google abandons ad deal - Yahoo! News
Facing a legal battle that would have illuminated its widening market power, Google Inc. turned its back on its struggling rival Yahoo Inc. and pulled the plug on an Internet advertising partnership that had been conceived to keep Yahoo out of Microsoft Corp.’s clutches.
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