Why the Yahoo Stock Price Rally Won't Last in 2016
February 19, 2016 at 11:39 AM EST
The Yahoo stock price rallied 2.3% to $30.23 this morning (Friday) after the struggling Internet company said it has formed a committee to explore strategic alternative. The Yahoo stock price is now up 11% since last Thursday. But we don't expect the Yahoo Inc. (Nasdaq: YHOO) stock price rally to last through 2016. And there is one major reason why we remain bearish on YHOO stock. First, here's some key details about Friday's announcement and Yahoo stock's rebound... Tags: (Nasdaq: YHOO) , yahoo stock , yahoo stock price , Yahoo stock price today , YHOO Stock , YHOO Stock Price , YHOO stock price today To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why the Yahoo Stock Price Rally Won't Last in 2016 appeared first on Money Morning - We Make Investing Profitable .