Yahoo shares surged more than 18 percent in morning trading. The New York Post reported Friday that Microsoft has asked Yahoo to
enter formal negotiations for an acquisition that could be worth $50
billion. Yahoo’s market capitalization was about $38 billion on
Here’s a case where an under-diversified ETF may have benefited from the recent mergers and acquisition wave. But as we all know, this isn’t always the case.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.