Are hyperlinks not opening or working in your Excel workbooks? In Excel, hyperlinks are used to open specific documents, files, folders, or web addresses saved on a network server, intranet, or web.

Have you ever felt lost in the labyrinth of a sprawling Excel workbook, endlessly scrolling or clicking through tabs in search of a specific piece of data? Or perhaps you’ve shared a report only to ...

It's an autocorrect option, you can disable the behavior there. Also, at least in 2000, when you right click on the cell one of the options is "remove hyperlink".