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Yandex N.V. (YNDX)

NasdaqGS - NasdaqGS Delayed price. Currency in USD
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18.940.00 (0.00%)
At close: 04:00PM EDT
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Trade prices are not sourced from all markets
Previous close18.94
Bid0.00 x 0
Ask0.00 x 0
Day's range18.94 - 18.94
52-week range18.94 - 18.94
Avg. volume0
Market cap6.797B
Beta (5Y monthly)0.88
PE ratio (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Reuters

    Yandex split finalised as Russian assets sold in $5.4 billion deal

    (Reuters) -A deal to split the assets of Russian technology company Yandex was finalised on Monday, with a Russian consortium of investors buying the bulk of Yandex's businesses in a cash and shares deal worth around $5.4 billion. The split marks the end of foreign ownership in Yandex, often dubbed "Russia's Google", potentially tightening the Kremlin's control of the internet space in Russia, while also finalising the largest corporate exit from Russia since Moscow invaded Ukraine over two years ago. Yandex's Dutch parent company Yandex NV (YNV) said it had sold its remaining minority 28% stake as part of the deal's second closing, receiving a total of $2.8 billion in cash and 162.5 million YNV class A shares.

  • Bloomberg

    Yandex Founder Volozh to Return as CEO After Sanctions Dropped

    (Bloomberg) -- Yandex NV founder Arkady Volozh has returned to lead a much-diminished version of the company he built and that just sold off Russia’s leading search engine. Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignTrump Taps Vance as Running Mate, Picking Populist ProtegeAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessTrump Classified Documents Case Dismissed by Florida JudgeYandex NV

  • Reuters

    Yandex split nears completion as Russian traders finalise share exchange

    A consortium of Russian investors is leading a buyout of Yandex from its Dutch parent company Yandex NV after months of negotiations, with the parent selling its assets in Russia at a heavily discounted price due to Kremlin demands on foreign asset sales. The deal, the largest by a Western-held company to exit Russia since the start of the war in Ukraine, will see Yandex's Russia-based businesses, which generate more than 95% of revenue and include search, advertising, e-commerce and ride hailing, acquired by the Russian investors.