As promised, Yahoo Stock History concludes our three part stock history coverage for the day. Since, I have already done two stock histories, I just want to wrap this up, and as such it would be pretty basic stock history.
Yahoo (YHOO) stock had a wild ride for the year, the stock was continuously declining for the year, and then Microsoft comes along with its buyout proposal skyrocketing its stock price by $10. Yahoo was also the only stock among the 3 search engine biggies to appreciate in its stock price. Both Microsoft and Google saw their stock price fall, while Yahoo rose by 19%.
Yahoo started the year at $23.26, and at the end of January hit a rock bottom of $19. Then came Microsoft with its bid on Yahoo, and its stock just rose by a whopping $10. On February 01, Yahoo stock rose to $28.38, and then settled at $29.33 the day after. The company's stock managed to stay around the level of $28 until May 02, excluding a significant drop between March 11th and 17th; the stock nonetheless recovered from those lows. Yahoo Stock witnessed another drop on May 02, when Microsoft abandoned its bid on Yahoo, and then drove up again with Icahn's proxy fight.
Yahoo Stock Chart
Since I have already compared Yahoo Stock History with Google's Stock, and Microsoft's Stock, I am going to compare Yahoo stock performance with EBay and Nasdaq. From Graph above, it looks like Yahoo is an exception to the stock market, Ebay and Nasdaq have declined as well similar to Microsoft and Google, while Yahoo Stock rose. The trend of Nasdaq and Ebay is quite similar, with both closely following each others movies, while Yahoo stock also following the pattern of these two until Microsoft's bid came in.
As you may have noticed, I am only doing stock history for the year to date, rather than going back a year or even 5 years. I think the events of the past one year or the most relevant, I don't see how Yahoo Stock 5 years back has any bearing now. Although, I might just for the sake of it, cover 5 years of stock history, but for the moment I don't see that happening.
Since I have used Ebay, Hewlett-Packard, and IBM for comparing stock performance, it would make sense for me cover their stock performance. As such, tomorrow, I will be writing articles on Stock History of IBM and Hewlett-Packard.
Microsoft Stock History
Google Stock History
Nike Stock History
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