Yahoo! Inc. (YHOO) Gains on Q4 Results

Yahoo! Inc. (NASDAQ: YHOO) shares spiked 3.9% to $44.05, as the company reported stronger-than-expected results for its fourth quarter. Yahoo stated the merger deal with Verizon will be delayed a quarter, but expects it to close in the second quarter in 2017. Share volume was 11.4 million, topping an all-day average of 9.4 million