Yahoo stock speculations after the bid withdrawal

The bid of Microsoft has helped the stock value of Yahoo to increase by more than 50% in the last three months and after the withdrawal of bid speculation over the stock value of Yahoo increased in the market.

Yahoo had been demanding $37 per share from Microsoft though it was getting $ 33 a share and $34 in October last year was the highest price offered for Yahoo stocks. Many analysts expect the prices will lower to get in the range of $27 to $31.