25 of April. At the end of trading on the exchange NASDAQакции Internet company "Yandex" has fallen to $1,59 (5,57%). At the end of Thursday the value of one share of "Yandex" amounted to $26.68 per share. The company's capitalization is about $8.6 billion.
The value of the shares of "Yandex" in the moment higher than the initial offering. The IPO occurred in 2011, when the company sold its securities for $25 apiece.
Recall that the Internet company "Yandex" is the owner of one of the most popular search engine in Russia. On Thursday, the Internet company reported increase in net profit for the first quarter of 2014 to 2.7 billion (19%). The revenue growth was 36% (currently the company's revenue for the first quarter amounted to 10.9 billion rubles).
Search engine Yandex is approximately 61.9% of all users of the Internet.
