Shares of Yahoo (YHOO) are down big today after the company's earnings were not in line with what analysts expected. Its 78% quarterly profit fall was more than analysts were forecasting, and as its third-quarter forecast also fell shy of estimates. The stock was down heavy after hours yesterday after the close, and real time the stock just ticked at $26 even (11:33:30). Google (GOOG) was feeling some of Yahoo's weight today as well, and currently is down just over 1.1%.
Posted by Tweet19 July 2006