Yahoo stock gains with its announcement of marketing Strategies

Yahoo! Inc. (NASDAQ: YHOO) shares are currently trading at $16.37, a gain of 0.65% from previous closing price of $16.26. The company's shares have 52-week trading range of $19.12 – $12.94. The stock is trading at volume of 617,465 shares. The market capitalization of the company is $22.07 billion. The daily average volume of stock is 25.79 million. The 1-year target estimate is $18.00. Yesterday, the company announced its ultimate gift challenge, a sweepstakes in which Yahoo users can vote for their favorite gifts and select the top holiday gift for 2010. This is a six-week shopping tournament, with every vote the customer will enter to win the grand prize drawing of $10,000 at the end of the sweepstakes. The company also launched weekend edition on Yahoo news in association with Buick. The new weekend program offers compelling original video and relevant editorial content, programmed for the weekend audience. The weekend edition will help Buick reach and engage the Yahoo news audience of more than 90 million monthly visitors by integrating the Buick brand in a premium-content environment. Recently, the company also announced the appointment of Ross Levinsohn as Executive Vice President of the Americas region. He will be responsible for the company’s media group, advertising sales, and partnerships for the Americas region. Yahoo is an online media company and operates through its subsidiaries. The company attracts users every month through its technology and engaging content and services. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
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