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NEW YORK (TheStreet) -- Yahoo! shares are jumping 2.16% to $38.03 on Thursday after unveiling Yahoo Sports Daily Fantasy, contests where users can bet daily and weekly with real money. Instead of lasting a season, each contest will last for a day. Players can pick a roster, and the team of drafted players that perform better on that given day determines who the winner is. It will begin with ... Read News
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Shares of Yahoo Inc. rebounded on Thursday following three days of losses after the online portal said it will offer gambling on fantasy sports games. Yahoo will take a 10% cut of the money that players wager. Yahoo, which holds a 15% stake in Alibaba Group Holding Ltd. , was battered this week in the wake of a selloff in the Chinese stock market. Yahoo shares are up 2.5% to $38.17 but are down ... Read News
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NEW YORK (TheStreet) -- Yahoo! shares are gaining by 0.11% to $37.27 in after-hours trading on Wednesday, after analysts at Citigroup reiterated the stock with a "buy" rating and a $56 price target, Barron's reports. The firm is bullish due to a potential deal with Google as last week Yahoo! said that it is testing Google-powered search results, analysts said. From this deal, Yahoo! could make ... Read News
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