Emma Asma Cornwall
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Emma Asma Cornwall in Gainers & Losers,

​Yahoo! shares haven't lost bullish momentum

Yahoo shares have jumped into positive ground and were up 1.2%, on news that Verizon  is proceeding with a bid for its core assets. But at close shares were down 1.3%.

Alphabet unit Googleis also weighing its own bid, Bloomberg reports, with interest also showing up from Bain Capital and TPG. Time Inc.  is still out there as well. AT&T and Comcast are losing interest, with Microsoft also deciding it wouldn't bid. Verizon might also put in for Yahoo's Japan interests, the report said.

The daily chart of Yahoo! is covered in bullish flags, so may be if not today, but tomorrow shares will bounce