Quantcast

Yahoo Sees Advertising Slowdown, Share Price Drops

Get the WebProNews Newsletter:


[ Search]

A double whammy for Yahoo. Not only did the company announce it is seeing a slowdown in advertising spend in its two hottest sectors…

Chief Financial Officer Susan Decker told investors at a Goldman Sachs media conference that Yahoo has seen “a little bit of weakness in the last few weeks” in auto and financial services advertising.

“It’s a new trend. It’s been two to three weeks and we don’t know yet if it’s an indicator of a broader slowdown,” Decker later told reporters at the conference.

It was also greeted with a 13% drop in share price because of the news.

Ouch!

Tag:

Bookmark WebProNews:

Andy Beal is an internet marketing consultant and considered one of the world’s most respected and interactive search engine marketing experts. Andy has worked with many Fortune 1000 companies such as Motorola, CitiFinancial, Lowes, Alaska Air, DeWALT, NBC and Experian.

You can read his internet marketing blog at Marketing Pilgrim and reach him at andy.beal@gmail.com.

Yahoo Sees Advertising Slowdown, Share Price Drops
Comments Off
Top Rated White Papers and Resources

Comments are closed.

  • Join for Access to Our Exclusive Web Tools
  • Sidebar Top
  • Sidebar Middle
  • Sign Up For The Free Newsletter
  • Sidebar Bottom