Tuesday, May 7, 2013

YHOO: Yahoo (YHOO +2.2%) jumps after disclosing in...

10:08 AM Yahoo (YHOO +2.2%) jumps after disclosing in its Q1 10-Q Alibaba's calendar Q4 revenue rose 80% Y/Y in calendar Q4, and its net income rose 171% to $642M. The revenue growth rate is actually faster than the 74% produced for the 12 months ending Sep. 30, and is bound to lift Yahoo investor hopes for a big post-IPO valuation. (Bloomberg report) (Reuters analysis) Read comments

YHOO price at time of publication: $25.70. Check YHOO price now »

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