Yum! Brands Stock Collapses On Weak China
Yum! Brands Inc. (NYSE:YUM) released a disappointing earnings report yesterday afternoon that caused a massive drop in value in after market trading. The major problem with the report appears to be the firm's flagging numbers in the Chinese market. About half of Yum! sales come from the Asian giant, and growth there is expected to justify its large valuation.
This content is exclusively for paying members of ValueWalk Premium Gain Exclusive Access to the Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with ValueWalk Premium Get Started Now with a FREE 7-Day Trial 🔻 If you are a current ValueWalk Premium member and are having an account error please clear cache and cookies. If that does not work, email [email protected] or click Chat.
