Yahoo! (NASDAQ: YHOO) shares gained 5.5% to $36.09 after the company reported better-than-expected first-quarter results. Yahoo reported its adjusted earnings of $0.38 per share on revenue of $1.09 billion. However, analysts were estimating a profit of $0.37 per share on revenue of $1.08 billion. Wells Fargo upgraded Yahoo! from market perform to outperform. Share volume was 26.3 million, compared to an all-day average of 21.3 million
