Yandex shares collapsed by more than 20% due to the bill on foreign ownership
Yandex shares on the Moscow Exchange fall by 20.3%, to a minimum since December 2018, RIA Novosti reports . On the American NASDAQ exchange, the company's shares collapsed by 17%, reports The Bell. On the eve of the State Duma, a discussion of the bill of the deputy Anton Gorelkin was held, Interfax reports . He proposed limiting the share of foreign possession of significant Internet resources up to 20%. The rest of the Russian citizen or Russian legal entity should own the rest.