Yellow (NASDAQ:YELLQ) Shares Down 2.7% – Here’s Why

Yellow Co. (NASDAQ:YELLQGet Free Report)’s stock price fell 2.7% on Wednesday . The stock traded as low as $0.51 and last traded at $0.73. 1,472 shares traded hands during trading, a decline of 95% from the average session volume of 31,163 shares. The stock had previously closed at $0.75.

Yellow Stock Performance

The firm has a 50 day simple moving average of $0.44 and a two-hundred day simple moving average of $0.55.

Yellow Company Profile

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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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