AABA - Altaba Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
81.46
-0.90 (-1.09%)
At close: 4:00PM EDT
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Previous Close82.36
Open81.05
Bid0.00 x 800
Ask0.00 x 1000
Day's Range80.66 - 82.14
52 Week Range50.40 - 82.45
Volume10,984,857
Avg. Volume6,474,758
Market Cap65.209B
Beta2.02
PE Ratio (TTM)2.72
EPS (TTM)29.96
Earnings DateAug 15, 2018 - Aug 20, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est100.00
Trade prices are not sourced from all markets
  • Is Altaba Inc’s (NASDAQ:AABA) PE Ratio A Signal To Buy For Investors?
    Simply Wall St.4 days ago

    Is Altaba Inc’s (NASDAQ:AABA) PE Ratio A Signal To Buy For Investors?

    Altaba Inc (NASDAQ:AABA) is trading with a trailing P/E of 3x, which is lower than the industry average of 32.3x. Although some investors may jump to the conclusion that thisRead More...

  • The Wall Street Journal5 days ago

    [$$] Editor's News Picks

    UK Services Ltd. £250,000 for its data security practices, Reuters reported. Yahoo said in 2016 that more than 500 million accounts had been hacked two years earlier. An ICO investigation into the matter determined Yahoo U.K. Services had failed to take the necessary steps to protect data before that incident, Reuters said.

  • Why Altaba Inc. Shares Rose 10.1% Last Month
    Motley Fool6 days ago

    Why Altaba Inc. Shares Rose 10.1% Last Month

    The closed-end investment firm lives and dies by its largest investment, Chinese e-commerce titan Alibaba. Both of the "abas" had a really nice May this year.

  • Barrons.com9 days ago

    [$$] Altaba's Alibaba Opportunity

    Altaba (AABA), the former Yahoo!, remains a good proxy for investors seeking exposure to Alibaba Group Holding (BABA). The reason: Altaba owns a 15% stake in the Chinese e-commerce juggernaut worth around $79 billion, which accounts for more than 85% of Altaba’s net assets. Altaba shares have risen 44% in the past year to $80.55, matching the percentage gain in Alibaba, whose shares traded Friday at $205.07.

  • The Wall Street Journal9 days ago

    [$$] How Altaba Could Do Alibaba a Favor

    A big seller of Alibaba shares has emerged. Altaba—essentially what remains of Yahoo after it sold its web-portal business to Verizon last year—plans to buy back nearly a quarter of its own shares, using part of its 15% stake in Alibaba as currency. It will sell around 30 million Alibaba shares to pay the tax bill on this transaction, using a small part of the proceeds in the buyback.

  • Old Yahoo Will Pay Its Alibaba Taxes
    Bloomberg10 days ago

    Old Yahoo Will Pay Its Alibaba Taxes

    On June 7, 2018, Altaba Inc. (the “Fund”) commenced a tender offer to purchase up to 195,000,000 (approximately 24%) of the Fund’s issued and outstanding shares of its common stock, par value $0.001 per share (the “Shares”), that are properly tendered in the Offer (as defined below) and not properly withdrawn. For each Share accepted in the Offer, stockholders will receive: (i) 0.35 American Depositary Shares (“Alibaba ADSs”) of Alibaba Group Holding Limited, a Cayman Islands company (“Alibaba”), which are held by the Fund in its investment portfolio, less any Alibaba ADSs withheld to satisfy applicable withholding taxes and subject to adjustment for fractional Alibaba ADSs (the “ADS Portion”), and (ii) an amount in cash equal to the Alibaba VWAP (as defined below) multiplied by 0.05 ….

  • See what the IHS Markit Score report has to say about Altaba Inc.
    Markit10 days ago

    See what the IHS Markit Score report has to say about Altaba Inc.

    Altaba Inc NASDAQ/NGS:AABA

  • MarketWatch10 days ago

    Altaba’s offer to buy back stock includes selling about 100 million Alibaba shares

    Shares of Altaba Inc. fell Thursday, reversing earlier gains that had them heading to an 18-year high, after the company formerly known as Yahoo said it has commenced a tender offer to buy up to 195 million of its outstanding shares. As Altaba’s tender offer includes the sale of nearly 100 million Alibaba Group Holding Ltd.’s(BABA) shares, Alibaba’s stock slumped 2.3%, dragging Altaba’s stock lower. Altaba was Yahoo until the sale of Yahoo’s operating business to Verizon Communications Inc.last year, and is now a closed-end management investment company managing its large stake—nearly 15%—in China-based e-commerce giant Alibaba.

  • The Wall Street Journal10 days ago

    Here’s What’s Behind Altaba’s Unusual Tender Offer

    Altaba Inc., the company that holds the unsold remnants of Yahoo, has a proposition for its shareholders. The company presented a tender offer Thursday to buy up nearly a quarter of its shares at a 3.8% premium to where they closed on Wednesday. It's likely to be welcomed by at least some investors, particularly those who have been around since the final days of Yahoo.

  • Barrons.com11 days ago

    [$$] Altaba's Tender Offer Seeks to Entice Shareholders

    Altaba unveiled today a $16 billion tender offer to purchase nearly a quarter of its shares. The offer will involve a distribution of part of Altbaba’s large stake in Alibaba Group Holding to shareholders as it seeks to narrow the steep discount at which its stock trades to the company’s net asset value. The move is the latest and largest action by the management of Altaba (AABA), the former Yahoo!, to benefit shareholders who are eager see a narrowing of the discount, which stood at 26.5% at Wednesday’s close.

  • The Wall Street Journal11 days ago

    [$$] Altaba Looks to Buy Back 24% of Shares in Exchange for Alibaba Stock

    Ltd. stock as currency, as it tries to reduce the gap between its share price and net asset value. Altaba said it would pay 0.35 Alibaba American depositary share, plus cash tied to Alibaba’s volume-weighted average price, each for 195 million Altaba common shares.

  • MarketWatch11 days ago

    Altaba's stock surges toward 18-year high after plans to buy back up to 195 million shares

    Shares of Altaba Inc. , formerly known as Yahoo, climbed 1.5% in premarket trade Thursday, toward an 18-year high, after the company said it would buy up to 195 million shares of its common stock at about a 3.8% premium to Wednesday's closing price of $80.28. Altaba was Yahoo until the company completed the sale of its operating business to Verizon Communications Inc. last year, and is now a closed-end management investment company that owns a "substantial" stake in Alibaba Group Holding Ltd. Altaba said the purchase price of its shares will be equal to 35% of Wednesday's stock closing price of Alibaba shares of $208.30, plus 5% of the Alibaba volume-weighed average price of $208.8445. Altaba's stock, which is on track to open at the highest level seen during regular session hours since April 2000, has run up 15% year to date through Wednesday, while Alibaba's stock has climbed 21% and the S&P 500 has gained 3.7%.

  • Business Wire11 days ago

    Altaba Commences Tender Offer to Purchase Up to 195,000,000 Shares of Its Common Stock for Alibaba ADSs and Cash

    Altaba Inc. (“Altaba” or the “Fund”) (AABA) announced today the commencement of a tender offer to purchase up to 195,000,000 issued and outstanding shares of its common stock at a purchase price per share equal to (A) 0.35 American Depositary Shares (“Alibaba ADSs”) of Alibaba Group Holding Limited (“Alibaba”) and (B) an amount in cash equal to the Alibaba VWAP (as defined below) multiplied by 0.05, less applicable withholding taxes and without interest. The terms and conditions of the tender offer are set forth in an Offer to Purchase, Letter of Transmittal and related documentation that are being distributed to holders of the Fund’s shares and are being filed with the U.S. Securities and Exchange Commission (the “SEC”).

  • The Wall Street Journal13 days ago

    [$$] Sports Site The Athletic Expands Aggressively, Betting on Subscriptions

    Stephen Curry, the star point guard for the Golden State Warriors, looked puzzled at a news conference last fall when a journalist introduced himself and identified his employer: the Athletic. “The who?” Mr. Curry said, teasing the reporter. The journalist, San Francisco Bay Area editor in chief Tim Kawakami, repeated himself and offered Mr. Curry a free subscription.

  • What Investors Should Know About Altaba Inc’s (NASDAQ:AABA) Financial Strength
    Simply Wall St.last month

    What Investors Should Know About Altaba Inc’s (NASDAQ:AABA) Financial Strength

    There are a number of reasons that attract investors towards large-cap companies such as Altaba Inc (NASDAQ:AABA), with a market cap of US$62.38B. Market participants who are conscious of riskRead More...

  • How Did Altaba Inc’s (NASDAQ:AABA) 35.43% ROE Fare Against The Industry?
    Simply Wall St.last month

    How Did Altaba Inc’s (NASDAQ:AABA) 35.43% ROE Fare Against The Industry?

    With an ROE of 35.43%, Altaba Inc (NASDAQ:AABA) outpaced its own industry which delivered a less exciting 13.50% over the past year. On the surface, this looks fantastic since weRead More...

  • GlobeNewswirelast month

    Report: Exploring Fundamental Drivers Behind CPI Card Group, Cigna, NII, Altaba, Glu Mobile, and NIC — New Horizons, Emerging Trends, and Upcoming Developments

    NEW YORK, May 07, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of CPI ...

  • TheStreet.comlast month

    Want FANGs with DRIPs? Check Out the 'CIMBA' Stocks

    Despite recent weakness, the technology sector has been among the best-performing groups for well over a year. -- observes Chuck Carlson, editor of DRIP Investor and a contributor to MoneyShow.com. The one problem for dividend-reinvestment/direct-purchase plan (DRIP) investors is none of the FANG stocks offers a company-sponsored DRIP.

  • Investing.com2 months ago

    Bitcoin Shrugs Off Buffett Criticism to Remain Above $9,000

    Investing.com – Bitcoin traded roughly unchanged on Monday, holding above $9,000 supported by a recent uptick in sentiment on cryptocurrencies, while EOS maintained its position as the fifth most valuable crypto by market market cap.

  • Cryptocurrencies on Track for Hefty Monthly Gains; Bitcoin Lags the Pack
    Investing.com2 months ago

    Cryptocurrencies on Track for Hefty Monthly Gains; Bitcoin Lags the Pack

    Investing.com - Cryptocurrencies were on track for heavy monthly gains on Monday, though Bitcoin, the number one digital currency by market capitalization lagged the pack.

  • Top 3 M&A Plays of 2018 According To WallachBeth Capital
    Insider Monkey2 months ago

    Top 3 M&A Plays of 2018 According To WallachBeth Capital

    Global M&A activity has been going at full speed and it does not look like it’s going to stop this year although we might see some incremental slowdown. According to FT, in each of the past four years, there were over $3.0 trillion worth of M&A activity, even though this value has been declining slightly […]

  • Barrons.com2 months ago

    [$$] South Africa's Coronation Exits Alibaba, Buys Walgreens

    Coronation Fund Managers of Cape Town, South Africa, manages more than $50 billion in assets and handles more than 85% of the pension funds in that country. The Global Emerging Markets Equity Strategy, with an inception date of July 14, 2008, has returned an annualized 8.2% since then through the first quarter, compared with the 3.9% turned in by MSCI Emerging Markets Index. Coronation’s Global Frontiers Strategy, the other one available to U.S. investors, is younger, with a Dec. 1, 2014, inception date, and sports a 9.0% annualized return from inception through March 31.

  • Reuters2 months ago

    PRESS DIGEST - Wall Street Journal - April 25

    The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Two senior Senate Democrats have asked a number of large banks ...

  • Altaba buys back 195 million share in exchange for Alibab...
    CNBC Videos11 days ago

    Altaba buys back 195 million share in exchange for Alibab...

    CNBC's David Faber reports on Altaba's $16 billion buyback.

  • MARKETS: Facebook earnings preview—Wall Street ready to pounce
    Yahoo Finance Video2 months ago

    MARKETS: Facebook earnings preview—Wall Street ready to pounce

    Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action.