Yahoo! Inc (NASDAQ:YHOO) reported on Thursday that almost 450,000 user names and passwords were stolen from one of its sites.
Yahoo, operator of the major United States Web portal, announced in an e-mailed statement Thursday that Hackers took a file on July 11 containing login records for Yahoo and other accounts, like Google Inc’s (NASDAQ:GOOG) Gmail, Microsoft Corporation’s (NASDAQ:MSFT) Hotmail and AOL, Inc (NYSE:AOL), from a Yahoo site marking user articles, videos and slideshows.
Yahoo links with the growing list of Internet corporations like Linkedin Corporation (NYSE:LNKD), CBS Corporation’s (NYSE:CBS) Last.fm music site and EHarmony Inc that have freshly had user information compromised.
Shifting readers focus to broader market, let’s consider market performance of other stocks that significantly affect same sector. Google Inc (NASDAQ:GOOG) decreased -0.12% to settle at $570.48, News Corp (NASDAQ:NWSA) moved down -0.60% to end at $21.56 while CBS Corporation (NYSE:CBS) plunged -1.00% to finish on Thursday at $30.61.
Yahoo! Inc (NASDAQ:YHOO) began the last trading session with a price of $15.63 and throughout the session climbed at a high of $15.81 but when day-trade ended the stock finally decreased -0.70% to $15.69.
YHOO had a trade volume of 18.39 million shares was higher as compared to average trading capacity of 13.22 million shares.
The stock is ahead its 52 week low with +41.48% and lagging behind from its 52 week high price with -6.55%. YHOO last month stock price volatility remained 1.70%. In its share capital YHOO has 1.22 billion outstanding shares among them 1.08 billion shares have been floated in market exchange. YHOO stock institutional ownership remained 70.95% while insider ownership included 0.31%.
Shares price of YHOO moved forward from its 20 days moving average with +0.42% and remote positively from 50 days moving average with +1.55%. YHOO current year earnings per share experienced a downfall of -9.39% while its current quarter performance remained +4.18%. Company’s beta coefficient included 0.90. Beta factors measures the amount of market risk associated with market trade.
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