Schedule: Yandex shares were frightened by employees

On November 21, a half -month moratorium ended in the sale of Yandex shares after the May IPO for employees and long -standing shareholders. And they went to the exchange. As a result, Yandex's quotes fell by Nasdaq by 9% to $ 19.72 per paper (despite the fact that they were waiting for this event, they seemed to be reduced for the past two days), the capitalization on the results of the auction amounted to $ 6.47 billion. 4.18 million shares were sold for Monday, while the average trading volume is 1.2 million shares per day. Experts call the failure of technical

The minoritarians needed money.

Source: Yahoo Finance