Yahoo's share price reached the highest level in a year and a half, the growth of investor confidence, new chief executive Marissa Mayer of tensile stage a come back, avoid her predecessor.
The Internet pioneer has not provide any conclusive evidence that its business turn - Wall Street, she warned, it will be a long work - but investor confidence, the former Google executives high operation.
Hedge funds tiger global management and green capital management company recently revealed a large number of shares of yahoo, in the third quarter of accumulated.
"Fund managers are staring at, say:" want to have this name again with BGC Partners, the analyst colin giovanni cobolli gigli.
"For their traffic volume, and they have assets, they should be able to squeeze out a certain value," said Gillis, refers to yahoo. Mayer and public speakers, he said, yahoo "finally got a market participants believe that can do this."
Gravity capital management company's Adam Seessel said, Mayer recruitment, Google company employees, including recently hired yahoo's chief operating officer enrique DE castro, also help luster yahoo's picture.
"The market see is the (financial) number, so much, for what they were seeing people, their feet vote, from Google yahoo, said:" Seessel, his company has yahoo shares.
"All of these people are from Google will not follow her, if they didn't think of is, she has no good CARDS can play," he said.
Yahoo shares Monday's conventional trading rose 2.8%, 18.36 dollars completed, in a broad market rebound. Yahoo's share price higher than the $18.30, time is in May 2011.
Yahoo among the world's most popular web site, about 7 million visitors per month. But the company's income is affected, from Google and Facebook's competition, the industry in the network advertisement market changes, the price compression online display advertising is the key to its business.
The company has been severe internal unrest: CEO Carol ·, ba (to Carol Bartz) on phone fired CEO Scott Thompson (Scott Thompson) leave less than six months of work, because of his degree problem. Meyer, Google's first female engineers in July, the highest position in yahoo.
Last month, in a conference call investors Mayer said that yahoo online product, make more intelligent mobile phone is her first priority.
Investors and analysts on Monday rejected the weekend report "daily telegraph" said, yahoo search deal reached, and the discussion of relevant Facebook, especially in Facebook issued a statement denying any such negotiations.
"People hope on Facebook better search experience. We are trying to improve, to better meet those expectations, but not into a new search cooperation agreement talks," Facebook last week said in a statement.
However, analysts say, search on behalf of an important opportunity, Mayer will focus on her action, to revitalize the fate of yahoo. A 2010 agreement reached through the former CEO, and outsourcing backend yahoo's search technology, Microsoft, but the deal failed to achieve expected promote yahoo's search advertising revenue.
"" of course can search recovery, add bailey said:" the company's analysts Brett Harris, he says, yahoo value $26 per share on the basis of 6 times more meter interest, tax, depreciation and amortisation earnings before.
, "Harris said:" this is a disaster a year and a half. "Everyone hates plate, you have a period of transition, you experienced three or four old total soon."
And he said, now, finally a CEO ", investors can believe"

 



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