Yahoo’s stock hits $19 for 1st time since 2010

Published November 26, 2012 9:37pm ET



SAN FRANCISCO (AP) — Yahoo’s shares touched $19 Monday, the first time they have traded that high in more than two and half years.

The latest gains extend a rally that has been gaining momentum in recent weeks as Yahoo Inc. buys back its own stock and more investors bet on CEO Marissa Mayer’s ability to turn around the long-struggling company.

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