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Why Yandex Stock Crashed 10% Today

Rich Smith, The Motley Fool
·2 min read
Why Yandex Stock Crashed 10% Today

Russian tech stock star Yandex (NASDAQ: YNDX) fell 10.2% through 3:15 p.m. ET on Monday -- and you can probably blame Russian President Vladimir Putin for that. As the English-language The Moscow Times said this morning, currently both the Russian ruble and Russian stocks are "in the red as talk of military confrontation spooks investors." For weeks, diplomats have been warning that the Russian Federation is massing troops on Ukraine's eastern border -- more than 92,000 at last count.

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