Why Yandex Stock Crashed 10% Today

What happened

Russian tech stock star Yandex (NASDAQ:YNDX) fell 10.2% through 3:15 p.m. ET on Monday — and you can probably blame Russian President Vladimir Putin for that.

As the English-language The Moscow Times said this morning, currently both the Russian ruble and Russian stocks are “in the red as talk of military confrontation spooks investors.” 

World map with Russia under a magnifying glass.

Image source: Getty Images.

So what

For weeks, diplomats have been warning that the Russian…


Source link

About search

Check Also

Yandex to acquire ADV-Service – Telecompaper

Russian internet search engine Yandex plans to acquire ADV-Service, reports Comnews.ru. ADV-Service is the …

Leave a Reply

Your email address will not be published.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