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Search Engine Titans Yahoo and Google Dips in the Market |
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As investors sent Yahoo shares down a bit despite news that the search
company will soon give its e-mail users unlimited storage space, shares
of three Internet heavy-hitters closed mixed on Thursday.
Yahoo currently gives users 1 gigabyte of free storage space each,
while Microsoft budgets 2 gigabytes and Google allots 2.8 gigabytes per
customer. Starting in May, Yahoo will move past free e-mail competitors
Microsoft and Google, by ending storage constraints on users' accounts.
In
after-hours trading, the stock lost another 9 cents to $31.25. Shares
declined as low as $30.83 during the day, eventually settling down 7
cents to close at $31.34 on the Nasdaq Stock Market, newspaper
publisher McClatchy Co. will start feeding world news and commentary to
Yahoo, the company said.
Google shares picked up 16 cents to $461.08 in after-hours trading.
Yahoo rival Google saw shares decline 96 cents to close at $460.92 on
the Nasdaq Stock Market.
Jron Magcale
7SEO - SEO Company
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