09-15-2014, 12:00 PM
That was March, Yahoo has done well since then, this is now:
As Wall Street excitedly awaits the near-$24 billion Alibaba Group initial public offering next week, traders have been bidding up shares in two big tech companies with hefty stakes in the Chinese e-commerce megalith: Yahoo Finance parent Yahoo Inc. (YHOO), which owns 22%, and Japan’s SoftBank (SFTBY) conglomerate, which holds 34%.
Buying Yahoo to play Alibaba? History hints at future moves - Yahoo Finance
Yahoo, Softbank
Is it too late to get into this one?
A look at how the “proxy stock” behaved before and after an IPO or spinoff in the coveted company shows a broad pattern of initial decline, then eventual recovery as a fresh set of investors begin evaluating the parent or proxy company on its own terms and fundamentals.
Buying Yahoo to play Alibaba? History hints at future moves - Yahoo Finance