Yahoo! Inc. (NASDAQ:YHOO) Former Interim CEO Serves as Head of Adweek - BIDU, OPEN, AKAM

Pompano Beach, FL -- (SBWIRE) -- 01/16/2013 -- Yahoo! Inc. (NASDAQ:YHOO) Ross Levinsohn, Yahoo Inc's ex provisional chief executive, has been hired chief executive of the freshly created Guggenheim Digital Media, the digital division of private equity company Guggenheim Partners.

Should YHOO a Buy or Sell Now? Find Out Here

The New York-headquarter firm operates Prometheus Global Media, the issuer of trade magazines Billboard, The Hollywood Reporter and Adweek.

In his fresh role, Levinsohn will work closely with those labels and Guggenheim's other assets, counting Dick Clark Productions.

Levinsohn has a profound background in digital media, counting at News Corp where he headed up the Fox Interactive Media unit.

Whereas at Yahoo, Levinsohn's plan was to turn the challenged firm into an entertainment and media powerhouse by building out its video offerings and striking syndication agreements. He was freshly selected to the board of directors of the Tribune Company.

Yahoo! Inc. (NASDAQ:YHOO) shares so far in this session gained +2.20% to $19.95 with the Stock being traded within the range of $19.62 – $19.98. In the past year, it has not traded below $14.35 and was unable to surpass $20.32. The current session’s volume of 17.59 million shares is down from the average daily trading volume of 20.21 million shares.

Will YHOO Continue To Move Higher? Find Out Here

Turning to some other stocks within industry, Baidu.com, Inc., OpenTable Inc and Akamai Technologies, Inc. are in the losers list. Below in this article, we will have a quick look on their Market performance.

So far in the ongoing trade, Baidu.com, Inc. (ADR) (NASDAQ:BIDU) shares are down -1.00% to $110.54 while the stock has traded within the range of $110.00– $111.89. In the last 52-week period, shares changed hands between $85.96 and $154.15. The current session’s volume of 1.33 million shares is lower than their average daily trading volume of 4.75 million shares.

Has BIDU Found The Bottom And Ready To Gain Momentum? Find Out Here

OpenTable Inc (NASDAQ:OPEN) shares in the current session moved down -1.21% reaching at $52.25. The stock traded in a range of $52.06 – $53.21. In the last year the stock has moved within a range of $33.53 – $55.30. The current session’s volume of 193,655 shares is higher from their average daily trading volume of 421,671 shares.

Has OPEN Found The Bottom and Ready To Move Up? Find Out Here

Another rival company, Akamai Technologies, Inc. (NASDAQ:AKAM) is at a discount of -1.21% to $39.18. In today’s trading so far, the stock price was found in a range of $39.00 and $39.56. In the previous 52 weeks the stock’s price ranged between $25.90 and $42.53. The current session’s volume of 767,388 shares was higher from their average daily trading volume of 2.67 million shares.

Will AKAM Get Buyers Even After The Recent Rally? Find Out Here

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