Yahoo!'s Big Buy
May 20th 2013 8:30PM
Updated May 20th 2013 11:45PM
The following video is from Monday's Investor Beat, in which host Chris Hill and analysts Jason Moser and Andy Cross dissect the hardest-hitting investing stories of the day.
Yahoo! CEO Marissa Mayer announced that the company has bought Tumblr for $1.1 billion. It's her boldest move yet since joining Yahoo! last summer. Even though she promised "not to screw it up," the Tumblr acquisition has some wondering if Yahoo! paid too much. In this installment of Investor Beat, our analysts discuss the pros and cons of this deal, as well as taking a look at four stocks that made big moves on Monday's market, and two stocks they'll be watching closely in the week ahead.
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The article Yahoo!'s Big Buy originally appeared on Fool.com.Andy Cross owns shares of Home Depot. Chris Hill and Jason Moser have no position in any stocks mentioned. The Motley Fool recommends American Express and Home Depot. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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