Yellow Stock Soars, Extending Monday Jump

0
48
Yellow Stock Soars, Extending Monday Jump

Yellow Stock Soars, Extending Monday Jump

Shares of trucking company Yellow continued to soar Tuesday, extending a stretch of white-hot trading days after the company shut down operations ahead of an expected bankruptcy filing.

The stock finished the day up 121% at $3.90 per share. It more than doubled yesterday, too; it’s up more than 580% over the last three trading sessions, according to Dow Jones Market Data.

Yellow’s shares, however, remain below recent highs. Their highest close this year so far was $4, in early February. A year ago, they were at around $4.50.

Read The Full Article Here