Yahoo Dips As Content Costs Rise, Outlook Disappoints

By | July 22, 2015

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Yahoo (YHOO) stock dipped Wednesday, the day after the struggling Web portal reported Q2 earnings, gave Q3 revenue guidance that fell short of Wall Street estimates and said that it will continue to face hefty costs to acquire content for its network of websites. Yahoo stock was near 39, down more than 1% in midday trading in the stock market today. Yahoo stock is down 25% from a more than 14-year high of 52.62, touched on Nov. 18, and has fallen Scalper1 News

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