Yahoo will partly sell its business

The financial position of the second largest search service in the United States still remains unstable. To exit from the crisis, Yahoo has decided to sell a part of its business, although earlier it was discussed to sell the whole company. It’s worth mentioning, that Yahoo lost more than $4 billion over the past year. In order to solve the financial problems, the company's management is planning to sell its property, patents and a group of assets.

The negative news has immediately affected the Yahoo shares, which have already fallen by 0.62% and still continue to decline. Traders will have a great opportunity to earn money on a further decrease. Trading will be available during the American session, from 14:40 to 21:00 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.