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Altaba Inc. was a non-diversified, ... The company's stock price skyrocketed during the dot-com bubble and closed at an all-time high of US$118.75 in 2000; ...
The "alternative Alibaba" took a big hit due to shaky consumer economics in China.
Yahoo!'s initial public offering at the NASDAQ was on April 12, 1996, closing at US$33.00—up 270 percent from the IPO price—after peaking at $43.00 for the day. Its stock price skyrocketed during the dot-com bubble , closing at an all-time high of $118.75 a share on January 3, 2000.
Elsewhere, Dave & Buster's rose after reporting a strong fourth quarter.
The day before, it hit an intra-day high of $500.13 (pre-split price). [5] January 19, 2000: At the height of the Dot-com tech bubble, shares in Yahoo Japan became the first stocks in Japanese history to trade at over ¥100,000,000, reaching a price of 101.4 million yen ($962,140 at that time). [12]
U.S. stocks closed higher as investors digested a slew of corporate earnings reports, including some from the so-called Magnificent 7. The broad S&P 500 index closed up 0.51%, or 31.86 points, to ...
In July 2018, SoftBank bought $2 billion worth of shares in Yahoo! Japan from Altaba, increasing its stake to 48.17 percent. Yahoo! Japan, in turn, bought nearly the same amount of stock from SoftBank. [7] In September 2018, Altaba sold all of its remaining shares in Yahoo! Japan for roughly $4.3 billion. [8] Yahoo!
By Steven Brill Letter From the Editors Backstage at Johnson & Johnson. On May 20, about 100 stock analysts gathered in the ballroom of the Hyatt Regency Hotel in New Brunswick, New Jersey, to hear good news from top executives at Johnson & Johnson: The company had 10 new drugs in the pipeline that might achieve more than a billion dollars in annual sales.