The pain is not over for Yahoo, as the company's stock drops below $21. At this rate, the Industry Standard prediction that the stock will decline to $20 by August 2 looks more and more certain:
More news, commentary, and predictions from The Industry Standard:
- Prediction: Yahoo!'s stock price to drop below $20 per share
- Analysis: An Open Letter to Steve Ballmer
- Analysis: The big merger of 2008: The mobile phone and Web
- Analysis: Chavez, China, and the coming startup squeeze
Update: It looks like the stock is rebounding this afternoon, after reports surfaced that Microsoft and Yahoo are once again in talks.
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