Yahoo Shares Spike 7% On Report That It Might Sell Off Its Core Business

 The Wall Street Journal is reporting that the board of Yahoo is considering selling off its core business in a series of upcoming meetings. So, naturally, shares of the company spiked 7% in extended trading once the news came out. This is significant for Yahoo, which for the most part has seen its core business stagnate and the value of its stake in Alibaba outweigh the value of Yahoo proper.… Read More

from TechCrunch » Social http://ift.tt/1QM75Pz Yahoo Shares Spike 7% On Report That It Might Sell Off Its Core Business Matthew Lynley http://ift.tt/1YG61zp
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