Yahoo Seen as ‘Walking Dead’ After Alibaba IPO: Chart of the Day
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Yahoo! Inc. has taken on “a Walking Dead discount” since Alibaba Group Holding Ltd. completed its initial public offering two weeks ago, according to Aswath Damodaran, a finance professor at New York University.
As the CHART OF THE DAY shows, Yahoo’s market value is lower than the combined value of its holdings in the Chinese e-commerce company and Yahoo Japan Corp. and its cash, including after-tax proceeds from selling shares in Alibaba’s IPO.