Yahoo and the Price of Silence

Wow, the analysts’ knives are out for Yahoo! this morning, and it’s not just because it announced a disappointing outlook for the coming year. They also feel duped by a management team that apparently refuses to be forthcoming about its intentions. And make no mistake, this silence is costly. Yahoo’s stock is down by about 9% so far today, and it’s not a stretch to think that a good chunk of the resulting $2 billion loss in market cap is thanks to Yahoo’s leaders giving analysts the silent treatment.

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