News headlines about Altaba (NASDAQ:YHOO) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Altaba earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.5214398148348 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern’s scoring:
- Eads & Heald Investment Counsel Acquires 1870 Shares of Wells Fargo & Company (techkenyot.com)
- Opposition welcomes order on local body polls (fishinghd.com)
- NSCN insurgent killed, soldier injured on Myanmar border (wisdomsave.com)
- Antonio Conte disappointed Chelsea didn’t sign these two players – reporter (famososartistas.com)
Separately, MKM Partners reissued a “buy” rating and issued a $76.00 price target on shares of Altaba in a report on Friday, September 1st.
Altaba Inc (the Fund), formerly Yahoo! Inc, is a non-diversified, closed-end management investment company. The Fund seeks to track the combined investment return of the Alibaba Shares and the Yahoo Japan Shares it owns. Alibaba Shares represent an approximate 15% equity interest in Alibaba Group Holding Limited (Alibaba), and its Yahoo Japan Corporation ((Yahoo Japa) Shares represent an approximate 36% equity interest in Yahoo Japan.
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