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April 12, 1996: Yahoo! has an initial public offering, closing at US$33.00—up 270 percent from the IPO price—after peaking at $43.00 for the day. September 1996: Yahoo! UK is launched. 1997. October 8, 1997: Yahoo! acquires Four11 for about $94 million in stock. 1998
The yahoo.com domain was created on January 18, 1995. [6] Yahoo! grew rapidly through 1990–1999 and diversified into a web portal, followed by numerous high-profile acquisitions. The company's stock price rose rapidly during the dot-com bubble and closed at an all-time high of US$118.75 in 2000. [7]
As of April 2008, the company's largest acquisition is the purchase of Broadcast.com, an Internet radio company, for $5.7 billion, making Broadcast.com co-founder Mark Cuban a billionaire. Most of the companies acquired by Yahoo are based in the United States; 78 of the companies are from the United States, and 15 are based in a foreign country.
The Dow Jones Industrial Average, an American stock index composed of 30 large companies, has changed its components 58 times since its inception, on May 26, 1896. As this is a historical listing, the names here are the full legal name of the corporation on that date, with abbreviations and punctuation according to the corporation's own usage.
Yahoo grew rapidly throughout the 1990s. Yahoo became a public company via an initial public offering in April 1996 and its stock price rose 600% within two years. Like many search engines and web directories, Yahoo added a web portal, putting it in competition with services including Excite, Lycos, and America Online.
The September 11 attacks caused global stock markets to drop sharply. The attacks themselves caused approximately $40 billion in insurance losses, making it one of the largest insured events ever. Stock market downturn of 2002: 9 Oct 2002: Downturn in stock prices during 2002 in stock exchanges across the United States, Canada, Asia, and Europe.
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.
The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average). The index includes about 80 percent of the American equity market by capitalization.