Yahoo Stock Could Tumble as Hackers Put Verizon Deal in Doubt
It appears as if investors remain optimistic that Yahoo! Inc. (NASDAQ:YHOO) and Verizon Communications Inc. (NYSE:VZ) will conclude their deal. But, a "significant and serious" data leak at Yahoo, affecting hundreds of millions of users, threatens to bring down the value of Yahoo stock. By association, it also compromises Verizon stock.
The data leak could alter the sale agreement between Verizon and Yahoo. Indeed,.