Dow Inches To Record High As Nasdaq Eyes Worst Streak In Months

Freight logistics name Yellow Corp (Nasdaq: YELL), meanwhile, is one of the worst performers on the Nasdaq. The stock is down 32.3% at $6.47 after the company posted first-quarter losses of $1.26 per share, which came in much wider than the 64 cent per share loss expected by analysts. Its revenue did top estimates, though the company said severe weather, especially in the southern U.S., significantly impacted results. The shares are headed for their lowest close since early March, breaching their formerly supportive 50-day moving average.

YELL May 6

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