Yellow Co. (NASDAQ:YELLQ – Get Free Report) dropped 7.7% during trading on Monday . The company traded as low as $0.50 and last traded at $0.60. Approximately 5,475 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 29,651 shares. The stock had previously closed at $0.65.
Yellow Stock Down 7.7%
The business’s fifty day moving average is $0.53 and its 200 day moving average is $0.58.
About Yellow
Yellow Corporation does not have significant operations. Previously, the company provided various transportation services primarily in North America. The company primarily offered less-than-truckload (LTL) shipments and supply chain solutions to ship industrial, commercial, and retail goods. It also provided customer-specific logistics solutions, including truckload, residential, and warehouse solutions, as well as apparels, appliances, automotive parts, chemicals, food, furniture, glass, machinery, metal, metal products, non-bulk petroleum products, rubber, textiles, wood, and other manufactured products or components.
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