Shares of the struggling digital player jumped 3.83% in pre-market trading, hitting $35. The company’s stock price closed Tuesday at $33.71, down 10 cents, but spiked as much as 7% in after-hours trading once the news broke that its board is meeting this week to consider putting its Internet arm on the auction block. According to the Wall Street Journal, which first reported the news, Yahoo is also weighing a spinoff of its stake in Chinese web giant Alibaba. That investment is worth more than $30 billion.
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