Russia’s Yandex plunges to Q1 loss, may look at new listing

Russia’s Yandex plunges to Q1 loss, may look at new listing

People walk near the headquarters of Yandex company in Moscow May 23, 2011. The sign reads “Yandex”. REUTERS/Sergei Karpukhin

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April 27 (Reuters) – Russian internet group Yandex (YNDX.O) plunged to a first-quarter loss and acknowledged on Wednesday that problems started appearing after Moscow sent troops into Ukraine on Feb. 24.

The company, whose Nasdaq-listed shares were suspended in February and warned last month it did not have…


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