What The Twittersphere Is Saying About Yahoo! Inc. Today

Yahoo! Inc. (NASDAQ: YHOO) is receiving quite a bit of attention ahead of the Alibaba IPO, and for good reason. The company owns an estimated $35 billion worth of Alibaba stock according to Barron's, and plans to cash in a sizable portion of the stake in the immediate future.

Yahoo stock, in particular, is up a little more than 12 percent in the past month.

Not surprisingly, social media users are chatting about the tech company Friday:

Never has a CEO's actions mattered so little to her stock price $YHOO

— Eric Jackson (@ericjackson) September 18, 2014

The Alibaba IPO is having a huge impact on Yahoo. Here's total message volume about $YHOO http://t.co/uQVAE4MjF7 pic.twitter.com/0NoffYLT0T

— StockTwits (@StockTwits) September 14, 2014

@chicagosean Sometimes it is better to not over think it. I am in $YHOO and you have to at least be in it to win it pic.twitter.com/SC7q7E1S9G

— Dan Mirkin (@TradeIdeas1) September 12, 2014

Yahoo could make nearly $10 billion on Alibaba's IPO.

— Vala Afshar (@ValaAfshar) September 19, 2014

And many are calling it a proxy for Alibaba:

Reminder: Before $BABA opens, $YHOO is the next best proxy.

— Ivan the K™ (@IvanTheK) September 19, 2014

Unsurprisingly, traders are using $YHOO as a proxy for $BABA's debut. The stock is our top trending: http://t.co/FPy6Q3EtrG

— Pierce Crosby (@CrosbyVenture) September 19, 2014

Will wait to see how $YHOO trades when $BABA comes out. If $BABA too spread or whippy, might use $YHOO as proxy if they correlate

— Anmol Singh (@DeltaNinety) September 18, 2014

Since 1/2 of $YHOO & 2/3 of $SFTBY are a proxy for owning $BABA, funds already have $80 bil Alibaba exposure ahead of $25 bil IPO.

— Brad Ginesin (@polar_cap) September 18, 2014

Disclosure: At the time of this writing, the author had no position in the equities mentioned in this report.