Since the Microsoft-Yahoo deal isn’t going to happen, Yahoo shares have tumbled a massive 20% since the market opened this morning.

Shares in Yahoo opened at $23.02 but have since started to edge up. Although this is still technically good news for Yahoo shareholders as it is still alot higher than the $19/share which Yahoo was trading at when the Microsoft made its bid for the company 3 months ago.

If the shares become stable after this 20% drop which it seems to be as they are edging up again, does this mean that Wall Street is still thinking that there is another takeover attempt in the pipe-works whether that’s Microsoft increasing its offer or maybe the Google-Yahoo strategic advertising deal?

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