Why Yum! Brands Stock Jumped 26.1% Last Month
The stock fell roughly 23.2% in March as the coronavirus prompted across-the-board sell-offs, but the restaurant company's share price posted a substantial recovery in April thanks in large part to momentum for the broader market. It published quarterly results on April 29, reporting adjusted earnings per share of $0.64 on sales of $1.26 billion. The average analyst target, as polled by Refinitiv, had Yum!