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September 01, 2020 10:18am
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Internet ETFs Follow Yahoo Lower After Restructuring

Internet-sector exchange traded funds fell Wednesday along with top holding Yahoo (NasdaqGS: YHOO) after the company in a filing said the ownership of Alibaba Group’s online payment business, Alipay, was restructured. Yahoo has an ownership stake in Alibaba. The stock was down nearly 6%. Yahoo in...
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