Shares in Russia’s largest tech company Yandex are down 71 percent compared to February 16. They dropped 54.4 percent directly after the invasion of Ukraine on February 23. The dramatic fall comes as part of a wider collapse of Russian stocks as investors fear growing turmoil and state sanctions. Yandex launched a public cloud service in 2018, initially for its home… Source link
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Yandex NV (YNDX) is lower by Thursday morning, with the stock falling -27.50% in pre-market trading to 24.68. YNDX’s short-term technical score of 28 indicates that the stock has traded less bullishly over the last month than 72% of stocks on the market. In the Internet Content & Information industry, which ranks 140 out of 146 industries, Yandex NV ranks higher than 55% of stocks. Yandex NV has fallen 19.91% over the past month, closing… Source link
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Russian internet major Yandex is increasingly looking to boost the monetisation of its technologies, on the one hand, and leverage these technologies to support its international expansion, on the other, VTB Capital commented following the publication of 4Q21/2021 results and management update of the company. … Source link
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Russian internet major Yandex is increasingly looking to boost the monetisation of its technologies, on the one hand, and leverage these technologies to support its international expansion, on the other, VTB Capital commented following the publication of 4Q21/2021 results and management update of the company. … Source link
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Russian internet major Yandex is increasingly looking to boost the monetisation of its technologies, on the one hand, and leverage these technologies to support its international expansion, on the other, VTB Capital commented following the publication of 4Q21/2021 results and management update of the company. … Source link
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Yandex N.V. YNDX reported fourth-quarter 2021 adjusted earnings of 4 cents per share, missing the Zacks Consensus Estimate by 76.5%. Further, the bottom line declined 82.6% year over year. Revenues were $1.5 billion. In ruble terms, the figure stands at RUB 110.3 billion, which rose 54% on a year-over-year basis. The reported revenue figure includes the consolidated financial results of Yandex.Market. Strengthening momentum across the company’s online advertising drove top-line growth…. Source link
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What happened Shares of Yandex (NASDAQ:YNDX), the curiously Netherlands-based stock that is Russia’s version of Google, exploded higher on Tuesday after the company reported earnings for its fiscal fourth quarter 2021. As of 11:55 a.m. ET today, Yandex stock is up a whopping 16.4%. But earnings aren’t really the reason Yandex is up today. Image source: Getty Images. So what We know this because Yandex didn’t actually have any earnings last quarter,… Source link
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