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Investors fret Yahoo’s future, stock dips

By Brandon Bailey
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Investors fret Yahoo’s future, stock dips

SAN FRANCISCO (AP) — Yahoo may be losing some appeal on Wall Street now that U.S. investors can buy directly into Alibaba.

Yahoo’s stock fell Monday as investors grappled with uncertainty about CEO Marissa Mayer’s efforts to turn around the struggling Silicon Valley company. The sell-off came even though Yahoo reaped more than $9 billion last week from selling some of its stake in Alibaba, as the Chinese e-commerce company held a record-setting initial public offering of stock.

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