Yum China's stock plunges to pace NYSE decliners after report suitor has dropped interest [MarketWatch]
Yum China Holdings, Inc. (YUMC)
Last yum china holdings, inc. earnings: 4/28 04:30 pm
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Source: MarketWatch
Yum China's stock plunges to pace NYSE decliners after report suitor has dropped interest Shares of Yum China Holdings Inc. YUMC, -12.78% plummeted 15% toward a 17-month low in active trade Tuesday, to pace the NYSE's decliners, after Bloomberg reported that Hillhouse Capital was dropping its pursuit of operator of Pizza Hut and KFC fast-food restaurants in China. Volume ballooned to 7.6 million shares, already more than double the full-day average. The investor group, which includes KKR & Co. KKR, +0.91% decided to not continue pursuing the deal after the initial proposal was rejected, the report said , citing people with knowledge of the matter. The company, which was spun off from Yum Brands Inc. YUM, -0.32% in October 2016, had a market capitalization of about $14.1 billion as of Monday's stock closing price. Yum China's stock has tumbled 25% over the past three months, while Yum Brands shares have gained 5.9% and the S&P 500 SPX, +0.23% has tacked on 3.5%. Have break
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YUMC
News
- Chris Blumas' Top Picks: April 18, 2024 [BNN Bloomberg (Canada)]BNN Bloomberg
- Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly DividendPR Newswire
- Q4 Earnings Roundup: Wendy's (NASDAQ:WEN) And The Rest Of The Traditional Fast Food Segment [Yahoo! Finance]Yahoo! Finance
- Yum China (NYSE:YUMC): Strongest Q4 Results from the Traditional Fast Food Group [Yahoo! Finance]Yahoo! Finance
- Yum China CEO Joey Wat Releases Annual Letter to Stockholders [Yahoo! Finance]Yahoo! Finance
YUMC
Earnings
- 2/6/24 - Beat
YUMC
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEF
- YUMC's page on the SEC website