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Buying on the rumor; selling the rest of the time

Started by staff, July 02, 2008, 11:42:01 PM

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staff

Buying on the rumor; selling the rest of the time
      


Yahoo’s stock price was rescued (yet again) by rumors that Microsoft is getting ready to bid for the web company’s search business (yet again).
The shares had looked set to fall below $19.18 on Wednesday — the level they stood at on January 31 before Microsoft first announced a takeover bid for Yahoo. But thanks to [...]
         

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