Yahoo Microsoft deal collapse... How Low can Yahoo go?

Original Artwork:xenolon.

It is going to be an interesting day a lot of people will be watching the Yahoo stock price today. It is only 8:30 ET and we are already seeing Yahoo down 21.8% as you can see below.


Timothy Sykes is running a competition to guess Yahoo's closing price by the end of the day I am going to take a stab at it and guess it will close at $23.52. Bloomberg has running commentary on the Yahoo shares tumble. For the latest quotes check out YHOO. Index futures are on the decline due to the Yahoo deal failure.


You know the old saying "Buy on the rumour sell on the news"


 Original Photography: gidibaoz