Bad Timing For Yahoo!

Updated from 8:33 a.m. EST

An unspectacular performance at Yahoo! (YHOO Quote) came at a bad time, as investors bailed out of the stock amid the panic sown by Intel's(INTC Quote) misery-inducing quarter.

Shares of the Internet titan lost as much as 13% after hours, erasing a four-month rally, as investors chose not to split hairs in the wake of a mediocre quarter and Intel's big miss. The stock recently traded down $4.90, or 12.2%, to $35.21. Rival Google(GOOG Quote), which was cut to sell in the wake of Yahoo!'s report at research outfit Stifel, lost $15.91, or 3.5%, to $451.20.

After the bell Tuesday, Yahoo! said fourth-quarter earnings rose 83% to $684 million, or 46 cents a share, while adjusted earnings rose 32% to $247 million, or 16 cents a share. The latter number was either in line with analyst forecasts or a penny shy, depending on which estimate compiler used. ...