Yahoo jumps 5.3% in preopen after Bartz dismissal
Sept. 7, 2011, 8:34 a.m. EDT
NEW YORK (MarketWatch) -- Shares of Yahoo Inc. jumped 5.3% to $13.60 in preopen trading Wednesday, a day after the Internet company's board dismissed high-profile Chief Executive Officer Carol Bartz. The stock was among the most actively traded about an hour before the regular market opening. Chief Financial Officer Tim Morse replaces Bartz, becoming interim CEO, and is to be counseled by former CEO and board member Jerry Yang and company co-founder David Filo.
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