Yandex: Unclear Cash Flow Outlook; Trading Suspended (NASDAQ:YNDX)

Yandex: Unclear Cash Flow Outlook; Trading Suspended (NASDAQ:YNDX)

Современное офисное здание

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Introduction

Trading in Yandex (NASDAQ:YNDX) shares on the stock exchange is still suspended. Despite the fact that the company posted a strong 2Q report, I think that the company will face a high level of uncertainty and new risks in future periods. The company’s management refused to provide guidance and canceled the guidance that was published earlier. At the moment, the company has significantly reduced the investment program and focused on…


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