Yellow Corporation Files Voluntary Chapter 11 Petitions

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Yellow Corporation (YELL) files for Chapter 11 bankruptcy, plans operational wind-down

August 7, 2023 8:05 AM EDT

Yellow Corporation (NASDAQ: YELL) shares have sunk in premarket trading Monday after the company announced it has filed for Chapter 11 bankruptcy protection as it plans its operational wind-down.

The transportation holding company, which is nearly 100 years old, filed for bankruptcy in a Delaware... More