Yahoo! shares! suspended!
Uh! oh!
Magic Quadrant for Enterprise Backup/Recovery
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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