Yahoo Stock Hammered [Did You Short It?]

As Microsoft’s bid expires, shares of Yahoo are expected to go down to pre-bid levels. Ealy trading overseas has not been pretty, and the first trades this morning on the NASDAQ appear to have shares of Yahoo down about 18%.

Given the chatter among the Twitterati on Friday who all appeared to be shorting the stock like crazy, we’re not sure how the price held up at the end of last week. At least our Twitter friends will be celebrating today! Maybe it’s worth throwing the profits into going long on YHOO now?

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About Bryan Menell

Bryan is the Managing Editor for AustinStartup and the Director of the Collaboratory at Dachis Group. He is a co-founder of Capital Factory, on the board of Texchange, and runs the popular Austin Tech Happy Hour with his wife. He advises early stage technology companies including Socialware, SpeedMenu, and AudiencePoint.

One thought on “Yahoo Stock Hammered [Did You Short It?]

  1. Pingback: yahoo stock | shelley

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