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January 28, 1999: Yahoo! acquires Geocities for $4.58 billion in stock. April 1, 1999: Yahoo! acquires Broadcast.com for $5.7 billion in shares. 2000s 2000. January 3, 2000: Yahoo stocks close at an all-time high of $475.00 (pre-split price) a share. This price propelled them to the most valuable company in the world at the time.
Yahoo! grew rapidly throughout 1990–1999 and diversified into a web portal, followed by numerous high-profile acquisitions. The company's stock price skyrocketed during the dot-com bubble and closed at an all-time high of US$118.75 in 2000; however, after the dot-com bubble burst, it reached an all-time low of $8.11 in 2001.
In 1998, Yahoo replaced AltaVista as the crawler-based search engine underlying the Directory with Inktomi. Yahoo's two biggest acquisitions were made in 1999: Geocities for $3.6 billion and Broadcast.com for $5.7 billion. Its stock price skyrocketed during the dot-com bubble, closing at an all-time high of $118.75/share on January 3, 2000 ...
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U.S. stocks ascended Wednesday as Wall Street counted down to the release of key consumer price data that is projected to show inflation further easing. The S&P 500 ( ^GSPC) rose 1.3%, while the ...
Click here for in-depth analysis of the latest stock market news and events moving stock prices. Read the latest financial and business news from Yahoo Finance. Show comments. Advertisement ...
Its stock price skyrocketed during the dot-com bubble, Yahoo stocks closing at an all-time high of $118.75 a share on January 3, 2000. However, after the dot-com bubble burst , it reached a post-bubble low of $8.11 on September 26, 2001.
The Consumer Price Index (CPI) showed prices ticked up slightly at 0.1% over last month and 3.1% over the prior year in November, as Yahoo Finance's Alexandra Canal reported.