Yahoo Inc.’s (YHOO) shares remained up more than 7 percent Wednesday after market close, on a day when the company turned in better-than-expected Q3 results, according to CNNMoney.com. The company, famously competitive with Google Inc. (GOOG), is attempting to strengthen its internet advertising business.
Yahoo saw the highest increase in share price in Wednesday trading among the 50 Bay Area public companies tracked by The Examiner. It was followed by Nvidia Corp. (NVDA), up 7.68 percent to $39.54 per share. The change followed reports of a positive outlook from market leader Intel Corp. (INTC) and an upbeat report from an industry analyst, according to CNNMoney.com.
On the flip side, Salesforce.com Inc (CRM) was down 3.56 percent to $54.24. The local stock with the highest volume of trades was Intel, with more than 184 million shares sold, while stock with the lowest trade volume was Varian Medical Systems Inc. (VAR).
Wall Street overall finished the day mixed, with the Dow down .15 percent, Nasdaq up 1.04 percent and the S&P 500 up .18 percent at the market close.