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The stock continues to underperform the market, post Alibaba's listing on the U.S. stock exchange in the last quarter of 2014. The stock has declined by over 22% in first half of 2015, while the return on NASDAQ composite index is close to 8.7%. One of the primary reasons for this under-performance has been Yahoo's core business, which has failed to deliver the necessary traction in revenues in the online ads industry. Even though the company is aggressively targeting mobile devices, we believe ...
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