Yahoo Stock Price in Focus Today as This Big Push for Changes Revealed
March 24, 2016 at 12:26 PM EDT
The Yahoo stock price is one to watch in coming weeks now that a hedge fund proposed a plan to make major changes to the company's board. Starboard Value LP, the hedge fund behind the plan, is one of Yahoo! Inc.'s (Nasdaq: YHOO) largest shareholders, with an approximately 1.7% stake. That represents an investment of about $570 million. In a letter sent to Yahoo shareholders Thursday, Starboard announced it is nominating a slate of nine candidates for election to Yahoo's board of directors. Here's what you need to know now... Tags: (Nasdaq: YHOO) , Starboard yahoo , Yahoo Board , yahoo shares , Yahoo Starboard , yahoo stock , yahoo stock price , YHOO Stock , YHOO Stock Price 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 Yahoo Stock Price in Focus Today as This Big Push for Changes Revealed appeared first on Money Morning - We Make Investing Profitable .