Get the latest market trends in your inbox
Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul
Tampa-St. Petersburg news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg
Markets are shrugging off a report in The Wall Street Journal that the SEC is investigating whether Yahoo should have disclosed the news of two separate hacks, which led to the theft of information associated with one billion user accounts.
These disclosures set off speculation that Verizon could pull out of its planned $4.8 billion buyout of the search giant, but investor reaction to the news suggests otherwise.
(function () { var attempt = 0, init = function(){ if (window.pym) { var pymParent = new pym.Parent("g-yahoo-verizon-01-box", "https://graphics.axios.com/2017-01-23-yahoo-verizon/yahoo-verizon-01.html", {}); } else if (attempt++ & 40) { setTimeout(init, 50); } }; init(); })();
Data: Money.net; Chart: Andrew Witherspoon / Axios
What's next: In order for Verizon to use this news as impetus to scuttle the merger, there would have to be evidence that it has materially affected Yahoo's popularity or financials, which there isn't.
Verizon may use the scandal to knock a few hundred million from the purchase price, but look for the deal to still go through, absent further revelations.