Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Yandex is traded on the MOEX. It's priced around 1800 roubles/share, down from a pre-war high of around 6k and pre-COVID levels of around 3k.

Beaten down, but not "nearly worthless", and it is traded. (Not on the NASDAQ though.)



Oh I guess I didn't realize that Russia re-opened their stock exchange. Does anybody actually trade on it?

Also

> 1800 roubles/share

This is nearly worthless


Russians trade on it. Maybe they do have an overly rosy view of the company's fortunes, I dunno -- I don't know much about their business, how sensitive it is to the conflict and sanctions.

The stock price movement is easier to reason about, I guess. By that metric they've had a worse year than Salesforce, Netflix, Uber, Google. I'd agree that the conflict isn't good for them, but "worthless" is a bit strong for my palate.


The ban on selling shares by foreigners is probably still in place. So the price might be somewhat overestimated.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: