On Thursday, Yandex immediately lost almost a billion of its capitalization. Trades opened with a 5% fall in the value of shares and continued to fall until the close. The cost of one share to close was $ 24, which is lower than the cost of placement and almost two times lower than the maximum ($ 45.42). Charts and all sorts of statistical interest
on the NASDAQ site .

The reason was Putin’s response yesterday to a certain “blogger” at the media forum in St. Petersburg:
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B .: “Top-5 news of“ Yandex ”is viewed by several tens of millions of people. At the same time, “Yandex” does not have a media license and doesn’t bear any responsibility as media before the law ... I’m wondering when the government will start making decisions that will save us from digital aggression? ”
P .: "... When they first started their work, they were also crushed: there must be so many Americans among them, so many Europeans, and they had to agree with this ... part of the registration with them abroad, but not only for tax purposes but for other reasons ", having noticed earlier that the Internet is a special project of the CIA.
ps. The company's capitalization or its market value is nothing more than the total judgment of market participants about the company's value, which includes, among other things, expectations. For what future of the Internet of Russia the world prepares to try to assume.
According to the
BBC ,
Euronews ,
Vesti .
upd. Interesting NASDAQ charts from
inout are lower in the comments , -
QIWI lost 6.1% in a day ,
mail.ru - 3.69% . At the same time, the value of shares of these largest Internet companies has almost halved since the beginning of the year (mail.ru is better).