Business

Yahoo’s stock hits $19 for 1st time since 2010

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Yahoo touched $19, the first time the stock had traded that high in over 2½ years. The latest gains extend a rally that has been gaining momentum as Yahoo buys back its own stock and more investors bet on CEO Marissa Mayer’s ability to turn around the long-struggling company. A former top executive at Google, she became Yahoo’s fifth CEO in less than a year when hired in July.

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