The Capitalization of Yandex Exceeded $30 billion for the First Time
According to the results of the last trading, the company's shares were worth $84 per paper. During the day, the shares rose by 1.31%. Yandex N.V. Class A ordinary shares and Class B shares are traded on NASDAQ.
Yandex N.V. shares are also listed on the Moscow Stock Exchange as securities of a foreign issuer. According to the results of the auction on November 3, their value exceeded 6,000 rubles for the first time, according to the statistics of the Moscow Exchange. The company's shares were approaching this level in mid-September, but then they did not overcome this threshold and fell in price.
According to the results of the third quarter of 2021, Yandex's total revenue increased by 52% compared to the same period in 2020 and amounted to 91.3 billion rubles.