Yang Resigns from Yahoo

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The Fast Money traders weigh in on the impact of Jerry Yang’s resignation from the boards of Yahoo, and Alibaba Group, and how to play it. Also Ken Sena, Evercore Partners, discusses what the resignation means for shareholders and Yahoo’s CEO, Scott Thompson. CNBC’s Jon Fortt has the latest details on activist investors and Yahoo’s future.

Melissa Lee anchors a fast-paced discussion among four professional Wall Street traders. An hour after the bell Fast Money hosts one of the best trading discussions of the day.

Video © and provided by CNBC.

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