There's Something About Meme Stocks: Day Traders Pile In to Tupperware, Yellow and Rite Aid
Investors are pushing Tupperware, Yellow and Rite Aid higher
Source: wsj.com
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Investors are pushing Tupperware, Yellow and Rite Aid higher
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The federal government lent Yellow $700 million during the height of the Covid-19 pandemic
Shares of indebted trucker Yellow have risen fivefold this week, defying its recent shutdown of operations and impending bankruptcy filing.
TD Cowen analysts say ArcBest could be the biggest winner from Yellow's demise.