Yahoo! (YHOO) Shares are Up 2.09%

Yahoo! (YHOO) : Traders are bullish on Yahoo! (YHOO) as it has outperformed the S&P 500 by a wide margin of 0.81% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.66%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.09% in the last 1 week, and is up 3.31% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Yahoo! (NASDAQ:YHOO): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $39.00 and $38.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $39.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $38.99, notching a gain of 0.18% for the day. The total traded volume was 9,127,094 . The stock had closed at $38.92 on the previous day.

The stock has recorded a 20-day Moving Average of 1.63% and the 50-Day Moving Average is 3.78%. Yahoo! Inc. is up 4.73% in the last 3-month period. Year-to-Date the stock performance stands at 17.23%.

Yahoo! (YHOO) : The consensus price target for Yahoo! (YHOO) is $42.11 for the short term with a standard deviation of $4.5. The most optimist securities analyst among the 23 who monitor the stock believes that the stock can reach $50, however, the pessimist price target for the company is $32.


Yahoo! Inc. is a technology company. The Company is engaged in providing Internet search, communication and digital content. The Company manages its business geographically: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific. The Companys products include Search, Communications, Digital content, Flickr, and Tumblr. Yahoo Search is a search engine serves as a starting point to navigate the Internet and discover information, which is ranked and organized -based on their relevance to the query. Yahoo Mail connects users across mobile phones, tablets and PC. offers news and information, including Yahoo original content and partner content. Flickr is a Web and mobile photo management and sharing service. Tumblr offers a Web platform and mobile applications (particularly on the iOS and Android platforms) that allow users to create, share and curate content. Yahoo is also a digital publisher and advertising technology provider.

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