Microsoft-Yahoo Search Deal: Yahoo Shares Take A Plunge

techcrunch.com:

Carol Bartz and Steve Ballmer are all smiles this morning with the signing of their long-awaited search deal, but the agreement isn't going over so well on Wall Street. Shares of Yahoo took a plunge this morning on the announcement and are currently trading at $15.31, down 11 percent from yesterday's close. Microsoft shares are flat.

Read the whole story: techcrunch.com

Comments

[fed U]

just like in the last bull market and econ recovery, main street gets left in the cold while wall street prospers...
hat tip to... http://www.iamned.com

[Harrier]

A great union that can only help both companies

[JFD8]

When Microsoft saw it was screwed
It finally had to conclude
That to beat Google Inc.
Bing and Yahoo! should link
Though some say the key word's "collude."

News Short n' Sweet by JFD8
http://twitter.com/JFD8

[Fabini]

So is it Bing-Hoo or Ya-Bing?

[Rickter]

Yada-Bing

[TJCole]

A good start for Yahoo, maybe they can borrow money from Red China who they assist in their tyrannical oppression..?

[opine2u]

They thought they could play with the markets to gather profits just because they decided to get married, they wanted the markets to supply them with their dowry. Tough luck guys, you have a long way to go, before you earn it.