Russian Tech Giant Yandex Says Might Default

Russian Tech Giant Yandex Says Might Default

Russian tech giant Yandex warned Thursday it may default on its debt after it was suspended from trading on New York’s digital stock exchange.

Nasdaq and the New York Stock Exchange this week halted all listings of Russian companies until they explain how they will be impacted by sanctions imposed by the U.S. and its allies in the wake of Moscow’s invasion of Ukraine.

In a press release published Thursday, Yandex, which is legally headquartered in the Netherlands but has its…


Source link

About search

Check Also

Nasdaq tells Yandex, other Russian firms of plan to delist stocks – Yahoo Sport Australia

Insiders Sell, Yandex Plummets. Should You Worry? – AOL

[unable to retrieve full-text content]Insiders Sell, Yandex Plummets. Should You Worry?  AOL Source link

Leave a Reply

Your email address will not be published. Required fields are marked *