Tech Stocks Respond to Yahoo Shakeup (YHOO, GOOG, MSFT, AAPL)
Shares of Yahoo up slightly after CEO firing
(EMAILWIRE.COM, September 07, 2011 ) Chicago, IL -- Yahoo Inc. stole the headlines Tuesday amidst a corporate shakeup.
The company announced it fired CEO Carol Bartz who led Yahoo (Nasdaq: YHOO) for more than two years but just could not bring a turnaround for the Internet giant. Yahoo's board named Tim Morse, its chief financial officer, as interim CEO. Yahoo officals say they are seeking a permanent replacement.
Yahoo is one stock to watch Tuesday according to The Stockfather which offers a free investor newsletter by email. To sign up, visit http://www.thestockfather.com.
Yahoo closed up slightly Tuesday to $12.91 on volume of 54 million. After hours, however, YHOO is up 6.27 percent to $13.72.
Here's how some other tech stocks performed Tuesday on the same day as the shakeup at Yahoo.
Google Inc. (NasdaqGS: Goog ) closed up .51 percent Tuesday to $522.18. Volume was 2.7 million.
Microsoft Corporation (NasdaqGS: MSFT ) last traded at $25.51 yesterday and closed up slightly over 1 percent on volume of 54.9 million.
Apple Inc. (NasdaqGS: AAPL ) closed at $379.74 Tuesday on volume of 18,203,447.
Thestockfather.com was not compensated for this press release and does not own any shares in any of the companies mentioned.
The company announced it fired CEO Carol Bartz who led Yahoo (Nasdaq: YHOO) for more than two years but just could not bring a turnaround for the Internet giant. Yahoo's board named Tim Morse, its chief financial officer, as interim CEO. Yahoo officals say they are seeking a permanent replacement.
Yahoo is one stock to watch Tuesday according to The Stockfather which offers a free investor newsletter by email. To sign up, visit http://www.thestockfather.com.
Yahoo closed up slightly Tuesday to $12.91 on volume of 54 million. After hours, however, YHOO is up 6.27 percent to $13.72.
Here's how some other tech stocks performed Tuesday on the same day as the shakeup at Yahoo.
Google Inc. (NasdaqGS: Goog ) closed up .51 percent Tuesday to $522.18. Volume was 2.7 million.
Microsoft Corporation (NasdaqGS: MSFT ) last traded at $25.51 yesterday and closed up slightly over 1 percent on volume of 54.9 million.
Apple Inc. (NasdaqGS: AAPL ) closed at $379.74 Tuesday on volume of 18,203,447.
Thestockfather.com was not compensated for this press release and does not own any shares in any of the companies mentioned.
Contact Information:
The Stockfather
Editor
Tel: 312-455-0810
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
The Stockfather
Editor
Tel: 312-455-0810
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
|
Private Equity, Angel Investing
Equity Alliance / Private Equity, Angel Investing, / IPO, Venture Capital & IR services / Equity Alliance International Equityallianceir.com Penny Stocks to Watch Sign up for hot penny stock picks Gains of 500%+ possible! Premiumstockpicks.com/landing/ Satellite TV for PC Watch Streaming Tv Right on Your PC Satellitetelevisionforpc.com Your text Ads & PR Text Ads plus unlimited press releases, One release featured/Day for only $575 per month. Read more on Text Ads & PR Your text Ads Here! Text Ads are only $289 per month. Ads are placed same day. More on Text Ads Advertising |




