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Supply Chain Graphic of the Week: The Sad but True Tale of Yellow Freight's Stock

 

Now a Buck per Share as Bankruptcy Looms


July 27, 2023

 

 

LTL carrier Yellow Freight, the US' third largest, is preparing to file for bankruptcy, according to the Wall Street Journal this week. Yellow might well shut down as customers abandon it amid a cash crunch and union troubles.

 

Naturally the stock price is following suit, with the share price at $1.02 at end of day Wednesday.

 

Below is a 5-year look at the per share price over the past five years:

 

Yellow Freight (YELL) Stock Price Last 5 Years

 

 

As can be seen, the high over that time was $13.88 per shar on Dcember 12, 2022. It' been almost all downhill from there, and could be headed to zero.

 

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