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Yahoo Stock drops 13%... Talk about unlucky!


Secret Agent
Staff member
Yahoo stock dropped 13% today after announcing that text ad sales were down.

Yahoo sees weaker advertising: Financial News - Yahoo! Finance

Yahoo is likely to gain back the lost stock value pretty quickly. From what I've seen, a lot of people are calling it "bullish" right now, and are recommending buying.

I'll personally be staying away from it for the time being. I've never been one to jump on a stock that just dropped. I figure if it goes back up quickly, it's bound to drop again before really going up consistently, so I'll wait for the next dip.