Friday, October 10, 2008

From $33 to $13 per share, poor Yahoo

Yahoo stock has fallen below $14 per share, the first time in 5 years and a couple of months ago Microsoft was offering them $33 per share - if I had 1000 shares I would have lost $20,000 roughly, OUCH!

Yahoo was unavailable for comments as they were waiting for their earnings report on the 21st October, that day could see their shares dip below $10 a share.

But, Yahoo was not the only website to decline - Amazon and Google both saw drastic decreases in their share prices.

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