Yandex N.v. Is Rightly Excited For The Future

Yandex N.V. (NASDAQ: YNDX) announced exceptional first-quarter 2017 results on Thursday, highlighted by a recent antitrust deal with Google, stabilizing market share in its core search segment, and strong growth from its various other business units.With shares closing up more than 10% yesterday as the market absorbed the news, let's take a closer look at how the Russian internet search specialist kicked off the year, and at what investors can expect from the company going forward.Yandex's antitrust settlement with Google should help it take market share on Android in Russia.

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  • Yandex N.V. Class A Ordinary Shares (YNDX) Real-Time
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    05/10/2024 - 1:23 am | View Link
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