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

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.