Will Yahoo Screen Make a Positive Impact On YHOO Stock Price?

Yahoo, Inc. is a technology company that has its presence worldwide. The company was founded in 1994, and is headquartered in Sunnyvale, CA. The company aims to deliver the personalized content and communication tools to various on the mobile devices as well as on web. The products of Yahoo are available in more than 45 languages worldwide, thereby making a huge business.

Recently, it has been announced that the Yahoo fans will be able to watch the Yahoo content on Android devices. This is definitely going to offer a huge boost to the company’s business and stock prices. The company announced a new feature known as Yahoo Screen, which is primarily a video application, through which one can watch all time favorite video content on Google’s Android devices. The company also aims to make this application available for all other platforms. This new feature has already made Yahoo earnings skyrocketing. The demand for YHOO stocks has considerably increased since the last quarter as the Yahoo stock price today has reached $35.95 with an average change of 0.33%.

Investors are also making predictions that since Yahoo Screen is the first major video application designed and circulated by Yahoo, therefore the company will earn higher profits through its advertising campaign and that will also ensure the investors higher dividends. Analysts at Bidnessetc.com have also predicted that the company will be getting a boost in Yahoo stocks when this video application is available to all the platforms.