Yahoo! shares! suspended!
Uh! oh!
Posted in e-Business, 7th March 2001 16:21 GMT
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Yahoo! shares have been suspended on Nasdaq pending an announcement by the yodelling dotcom.
Before the shares were suspended earlier today they fell some 6.3 per cent to just under $21 - their lowest level for two years.
Speculation as to why Yahoo! took such drastic action is rife.
It's possible it's about to announce that's its bought another company - or has been approach itself regarding a take-over.
The latest speculation ties the portal with a host of oufits with Vivendi top of the list of suspects.
Some reckon it's about to report dud financials or announce a high-profile management reorganisation.
Hell, it might even announce it's made some cash.
Anyhow, there's no point worrying - we'll know soon enough. ®
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