(Reuters) - Yahoo shares dropped 1.5 percent on Tuesday, partly retracing gains of more than 6 percent in extended trading on Monday after the company said co-founder Jerry Yang would take over the chief executive role from Terry Semel.
Some shareholders had bet that Yang's taking the helm signaled more drastic changes, such as extensive partnerships with technology and media players, or even a potential merger.
Read more at Reuters.com Business News
Some shareholders had bet that Yang's taking the helm signaled more drastic changes, such as extensive partnerships with technology and media players, or even a potential merger.
Read more at Reuters.com Business News
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