Scalper1 News
Yahoo (YHOO) stock rebounded on Tuesday after the Web portal said it was plowing ahead with the proposed spinoff of its stake in China giant Alibaba (BABA) by the end of the year, despite the risk that the deal might not be tax-free. Yahoo made its announcement in a filing late Monday with the Securities and Exchange Commission. Yahoo was up more than 3% in midday trading in the stock market today , near 28.50, after rising higher in the morning. Scalper1 News
Scalper1 News