Yum! Brands (YUM) Rips to New All-Time High As China Sales Surge
Tweet
Share
E-mailGet Alerts YUM Hot Sheet
Join SI Premium – FREE
Yum! Brands, Inc. (NYSE: YUM) is looking delicious, as the stock has hit a new all-time high of $54.98 today. Yum! surged following a rather mixed first-quarter report from the company.
Investors appear to be focusing on the fact that same-store sales in China rose an astonishing 13%, which was well ahead of the consensus of 5.6%
Shares are up 5.3 percent currently, and moved 6.6 percent to the new high.
Investors appear to be focusing on the fact that same-store sales in China rose an astonishing 13%, which was well ahead of the consensus of 5.6%
Shares are up 5.3 percent currently, and moved 6.6 percent to the new high.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Walmart (WMT) PT Lowered to $130 at UBS on Investment Narrative's Competing Dynamics
- Ross Stores, Inc. (ROST) PT Raised to $240 at Bernstein SocGen Group
- Is the global equity rally broadening? UBS weighs in
Create E-mail Alert Related Categories
Trader TalkRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
