Yahoo hit a new 52-week high Thursday as it is currently trading at $21.54, above its previous 52-week high of $21.45 with nine million shares traded as of 12:38 a.m. ET. Average volume has been 20.7 million shares over the past 30 days.
Here is a great news for YHOO shareholders. Somebody posted here that YHOO might use the Alibaba buyback money buying back 10% YHOO stakes after the IPO to continue their share buyback program, meaning YHOO shareholders values will definitely to continue to rise.