Yahoo will partly sell its business 2016-03-09 09:06:17

The financial position of the second largest search service in the United States still remains unstable. To exit from the crisis, Yahoo has decided to sell a part of its business, although earlier it was discussed to sell the whole company. It’s worth mentioning, that Yahoo lost more than $4 billion over the past year. In order to solve the financial problems, the company's management is planning to sell its property, patents and a group of assets.

The negative news has immediately affected the Yahoo shares, which have already fallen by 0.62% and still continue to decline. Traders will have a great opportunity to earn money on a further decrease. Trading will be available during the American session, from 14:40 to 21:00 GMT time.

The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.