Yahoo and the Price of SilenceRob Hof
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.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.