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Why Yum China Holdings Stock Was So Tasty to Investors This Week
YUMCYUM CHINA(YUMC) The Motley Fool·2024-08-09 13:23

A recommendation upgrade from an analyst put the cap on an encouraging quarterly earnings report.Economic growth in China might not be what it once was, but certain imported businesses aren't doing too badly. Case in point: restaurateur Yum China Holdings (YUMC 0.80%), which recently posted quarterly earnings that cheered investors. They also inspired one analyst to upgrade her recommendation on the stock, helping to propel it to a nearly 16% week-to-date gain as of early Friday morning, according to data c ...