If history is any guide, there may be trouble ahead for shares of Yum China Holdings(NYSE:YUMC). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
Yum China Holdings Inc (NYSE: YUMC) is trading lower after the company provided a business update in which it noted a negative impact from the COVID-19 Delta variant outbreak.
Starbucks Corp (NASDAQ: SBUX) is trading lower, possibly in sympathy with Yum China Holdings inc (NYSE: YUMC), which dipped after providing a business update and noting a negative impact from the COVID-19 Delta
Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) today updated stakeholders on the impact of recent COVID-19 developments.
Impact of the Delta Variant Outbreak
In our second
This weekend's Barron's cover story examines where to find opportunities in China's stock market now.
Other featured articles discuss a fund manager's picks for a pricey market and housing stocks poised to keep rising because there is no bubble yet.