SAN FRANCISCO (AP): Yahoo Inc.'s prized investment in Chinese Internet company Alibaba Group has abruptly turned into a stock market millstone.
The weight drove down Yahoo's stock by 62 cents, or 3.6 percent, to close Friday at $16.55. It marked the third straight session that the stock has fallen because of Alibaba worries. The sell-off has reduced Yahoo's market value by about $2.5 billion, or nearly 11 percent.
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