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…


Source link

About search

Check Also

Russian consortium announces terms for $5.2 bln Yandex cash and share deal – Reuters

Russian consortium announces terms for $5.2 bln Yandex cash and share deal – Reuters

[unable to retrieve full-text content]Russian consortium announces terms for $5.2 bln Yandex cash and share …

Leave a Reply

Your email address will not be published.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