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Yahoo! (YHOO) Stock Slumps, Withholding Financial Details from Suitors

NEW YORK (TheStreet) -- Yahoo! (YHOO - Get Report) stock is retreating 1.41% to $36.65 in late-morning trading on Friday, as the technology company is reluctant to give potential suitors financial details ahead of Monday's deadline for first-round bids for its core Internet business.

Yahoo! has given a weak financial outlook for the current year, but refuses to tell potential bidders its outlook for 2017, and to answer other questions about important parts of its business, the New York Times reports.

A portion of the roughly three dozen suitors are unsure what is truly for sale, the Times adds.

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