Yandex Climbs to Five-Week High on Bank of America’s Buy Rating
This article is for subscribers only.
Yandex NV, Russia’s most-used Internet search engine, jumped to the highest level in five weeks in New York after Bank of America Corp. recommended investors buy the stock.
The Hague, Netherlands-based company that is listed on the Nasdaq Stock Exchange, climbed 3.4 percent to $19.91 by 12:07 p.m. in New York, heading to the highest level since May 31.