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New Yahoo Hires – Great for Headlines, But Not for YHOO Stock

YHOO stock needs more than new personnel to keep climbing

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New Yahoo Hires – Nick D’Olsioy

new-yahoo-hires-nick-dolsioy-yhoo-stockRole at YHOO: Employee for Summly
Past: Founder of Summly

David Karp wasn’t the only of the new Yahoo hires that Marissa Mayer got from an acquisition. She also saw potential for YHOO stock to benefit from mobile app Summly … which was founded by 17-year-old British entrepreneur Nick D’Olsioy.

The service, which condenses news articles, is part of Yahoo’s latest iPhone app. But whether it will be a game-changer for YHOO stock is hard to say.

Then again, for many investors, mobile isn’t everything. It’s the only thing. With that in mind, this could be one of the best new Yahoo hires to have on board.

 As of this writing, Jonathan Berr did not hold a position in any of the aforementioned securities.

Article printed from InvestorPlace Media,

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