YHOO stock gapped up mightily this morning after releasing quarterly earnings that beat estimates by one penny or three pennies, depending on how you account certain investment gains made by Yahoo!. Google releases its earnings Thursday; many analysts track the two stocks in tandem. YHOO has lost ground this year while bouncing around a 10-percent trading range. GOOG has appreciated about 50 percent.
1. Not a bad day for Yahoo shareholders. Yahoo has been making a strong push within the last year by purchasing other well-known companies.
Posted at 5:45AM on Dec 19th 2005 by Neil Patel