NEW YORK ( TheStreet) -- Yahoo! (YHOO - Get Report) slumped 0.48% to $15.57 despite the news that Marissa Mayer was appointed CEO. Mayer is Yahoo!'s third CEO in just the last few months, following the ousted Scott Thompson and interim CEO Ross Levinsohn.
The announcement has heightened investor interest in Yahoo!'s second-quarter earnings released after market close on Tuesday.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts