Meme Stocks Turned Down in Morning Trading; Yellow Tumbled Over 32% While fuboTV Crashed Over 9%
Tiger Newspress2023-08-07
Meme stocks turned down in morning trading; Yellow Corporation tumbled over 32% while fuboTV Inc. crashed over 9%.
Yellow Corporation filed for Chapter 11 bankruptcy protection on Sunday, burdened with a heavy debt load after a series of mergers and following tense contract negotiations with the Teamsters Union.
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