Austin Alonzo
Kansas City Business Journal
May 06, 2013
If YRC Worldwide Inc.’s stock price is any indicator, Wall Street is pleased with the company’s recent performance.
Bloomberg named the Overland Park less-than-truckload carrier (Nasdaq: YRCW) as one of its top 10 stocks to watch after it announced a positive operating income of $9.9 million in their first quarter earnings report on Friday.
It's the first time the company posted a positive operating income in the last six years.
The firm’s stock hit a 52-week high on Friday, jumping up to $11.60 a share from a market open of $9.89 a share. The previous high was $9.60 a share.
Around 11:30 CDT, the stock had receded back to $10.34 a share.
See a current stock price.
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