Yellow Corporation (YELL) Stock: Why It Surged Over 30% Today

By Amit Chowdhry ● Aug 4, 2022
  • The stock price of Yellow Corporation (YELL) surged by over 30% during intraday trading today. This is why.

The stock price of Yellow Corporation (YELL) surged by over 30% during intraday trading today. Investors are responding to the company’s second quarter results.

Yellow Corporation reported a Q2 EPS of $1.17, which was $0.72 higher than analyst estimates of $0.45. And the revenue for the quarter was $1.42 billion compared to the consensus estimate of $1.4 billion.