Let's have a look at what is happening on the US markets one hour before the close of the markets on Wednesday. Below you can find the top S&P500 gainers and losers in today's session.
Goldman Sachs analyst Christine Cho upgrades Yum! Brands, Inc. from Neutral to Buy with a $167 price forecast. Company shows strong growth and resilience.
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Yum! Brands (NYSE:YUM) and the rest of the traditional fast food stocks fared in Q1.
From fast food to fine dining, restaurants play a vital societal role. But the side dish is that they’re quite difficult to operate because high inventory and labor costs generally lead to thin margins at the store level.
This leaves little room for error if demand dries up, and it seems like the market has some reservations as the industry has tumbled by 13% over the past six months. This performance was noticeably worse than the S&P 500’s 1.9% decline.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Tuesday as we examine the latest happenings in today's session.
KFC, owned by Yum Brands, plans to invest £1.49 billion in UK and Ireland in next 5 years, creating 7,000 jobs and expanding its presence in the region.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
