Yahoo! shares jump as profit tops expectations

Yahoo! shares jumped Monday as the struggling Internet pioneer topped Wall Street expectations despite a slip in quarterly profit.

Yahoo! reported profit of $272 million, an eight percent drop from the same period a year earlier, but the earnings figures were enough to bump the California company's stock more than three percent to $21.01 a share.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.9260-0.0027-0.29%
    AUDUSD=X
    0.5512-0.0022-0.40%
    AUDGBP=X
    0.6698-0.0023-0.35%
    AUDEUR=X
  • Commodities
    Commodities
    NamePriceChange% Chg