Posted May 5th 2008 8:06AM by Paul Foster
Filed under: Deals, Microsoft (MSFT), Yahoo! (YHOO), Options
Microsoft (NASDAQ: MSFT) announced it has withdrawn its proposal to acquire Yahoo (NASDAQ: YHOO).
YHOO closed at $28.67 on May 4. YHOO closed at $19.18 on January 31, 2008, prior to MSFT's buyout offer on February 1.
YHOO May option implied volatility of 77 was above its 26-week average of 42 according to Track Data, indicating large uncertainty.
Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
| # | Blogger | Posts | Cmts |
|---|---|---|---|
| 1 | Joseph Lazzaro | 122 | 0 |
| 2 | Connie Madon | 52 | 0 |
| 3 | Steven Mallas | 51 | 0 |
| 4 | Mark Fightmaster | 38 | 0 |
| 5 | Tom Taulli | 37 | 0 |
| 6 | Trey Thoelcke | 35 | 0 |
| 7 | Tom Johansmeyer | 31 | 0 |
| 8 | Brian White | 31 | 1 |
| 9 | Steven Halpern | 27 | 0 |
| 10 | Melly Alazraki | 25 | 0 |
| 11 | Paul Foster | 25 | 0 |
| 12 | Eric Buscemi | 21 | 0 |
| 13 | Jon Ogg | 21 | 0 |
| 14 | Zac Bissonnette | 21 | 0 |
| 15 | Brent Archer | 18 | 0 |
| 16 | Elizabeth Harrow | 16 | 0 |
| 17 | Michael Fowlkes | 14 | 0 |
| 18 | Louis Navellier | 11 | 0 |
| 19 | Sheldon Liber | 11 | 0 |
| 20 | Jessica Whitta | 8 | 0 |
Find out why more people track their portfolios on AOL Money & Finance then anywhere else.
Closing Bell: When We All Love the PIIGS (NBG, SQNM, PG, ERTS, KO)
Serious Money: Cheapest Stocks List Shrinks from 26 to 21
Chasing Value: Hasbro Earnings Makes My Point
Reader Comments (Page 1 of 1)
5-06-2008 @ 8:44AM
CMD said...
AAPL would be smart to buy YHOO now that MSFT has walked away from the deal, especially since YHOO's shares are down.