Yandex shares collapsed by 10% after the publication of the annual report
On February nineteenth, Yandex published an annual report in which it showed annual profit of $ 270 million (an increase of 44% compared with last year). However, apparently, the information provided did not meet the expectations of investors and on the same day the stock price of the domestic company dropped significantly .
Personally, I hope that this event is temporary and the company will soon return to its former condition. I would like to hear your opinions on this topic.