The American company, one of the most popular web search engines in the world, is now considering the option of selling its business together with 15% of the Chinese online store Alibaba. Such drastic action was caused by the prolonged negative tendency in the company's economic performance. In the next few days Yahoo's board of directors will hold several meetings to come up with a final decision.
On this background the value of Yahoo shares increased by 7%, while the price of Alibaba gradually began to fall due to the lack of any clear news.
Do not miss an excellent opportunity to earn money on a further growth of Yahoo shares and a further decline of Alibaba. Both assets will be available during the American session, from 13:40 to 20:00 GMT time.
The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.