Brocker.Org: Altaba, formerly Yahoo, starts trading on Nasdaq

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Shares of Altaba, the holding company left behind after Yahoo’s sale of its core internet business to Verizon Communications, began trading on the Nasdaq on Monday.

Altaba’s main assets include a 15.5 percent stake in Chinese e-commerce leader Alibaba Group and a 35.5 percent holding in Yahoo Japan.

Verizon closed its $4.48 billion deal with Yahoo last week, marking the end of the tech pioneer as a stand-alone internet company, which was once valued at more than $100 billion.

Yahoo was officially renamed Altaba on Friday. Its shares now trade under the symbol “AABA.”

—CNBC contributed to this report.

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