Yahoo is not a company that generates a lot of excitement for the average consumer. They've had their ups and downs over the years, but have been a pretty solid company overall. Still, they are struggling to keep current and as such they are looking at selling off their "Core" business. In light of that rumor, their stocks jumped a nice 7%, showing that investors think that selling off might not be such a bad idea.
The Journal is reporting that in the meetings, the board will decide whether or not to spin off its stake in Alibaba, sell off the company’s Internet assets, or both. The status of the company’s stake in Alibaba, which it proposed to spin off, had been up in the air after reports that the process could be more complicated when it comes to tax issues.