Figure of the day:
1 000 000 000
dollars lost Yandex shares.
Shares of Yandex fell over a few hours to a billion dollars. This result led appeared yesterday in the news media about the possible purchase by Sberbank of a large stake in Yandex.
Although the savings Bank quickly issued a denial, the cost of shares in Yandex N. V. declined sharply within a few minutes. On the Moscow stock exchange the share price of Yandex fell from 2356,5 to 2185 rubles, and on Nasdaq — from 35.35 to $ 32.22. The total value fell by 10%.
About the beginning of negotiations between Sberbank and Yandex announced the publication of the Bell. According to the source, the Bank had planned to buy a package of 30% shares of Yandex to solve possible problems with competitors and government. According to “Vedomosti” authorities unhappy “excessive independence” of the company.