Yandex shares are down 71 percent following Russia's invasion of Ukraine – DatacenterDynamics

Yandex shares are down 71 percent following Russia's invasion of Ukraine – DatacenterDynamics

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…


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