Yahoo stock slips as buyout talks end

? Yahoo Inc.’s stock took a beating Monday after Microsoft Corp. withdrew its $47.5 billion takeover bid, but the punishment wasn’t as severe as many analysts anticipated because investors suspect the rivals eventually will renew their mating dance.

Although Microsoft has publicly indicated it will focus on measures besides buying Yahoo in its effort to make its Internet division profitable, several analysts predicted the software maker will revive its offer in the summer or fall if Yahoo can’t snap out of a two-year funk that exposed it to an unwanted takeover in the first place.

Yahoo shares shed $4.30, or 15 percent, to close Monday at $24.37. That wiped out nearly half the gain they made after Microsoft made its bid Jan. 31. The drop left the Sunnyvale-based company’s market value about $12.5 billion below Microsoft’s last offer.

Yahoo’s stock price was $19.18 before Microsoft made its offer.