Yum China (YUMC) drops 1.44% on moderate volume on October 12

Today, shares of Yum China Holdings Inc Inc (NYSE: YUMC) fell $ 0.85, a decrease of 1.44%. Yum China opened at $ 58.99 before trading between $ 59.54 and $ 58.02 throughout Tuesday’s session. Activity saw Yum China’s market cap drop to $ 24,554,402,663 on 2,437,354 stocks, below their 30-day average of 3,299,011.

About Yum China Holdings Inc

Yum China Holdings, Inc. is a licensee of Yum! Brands in mainland China. It has exclusive rights in mainland China to KFC, China’s leading fast food brand, Pizza Hut, China’s leading casual dining brand, and Taco Bell, a California restaurant chain serving innovative Mexican-inspired cuisine. Yum China also owns the Little Sheep, Huang Ji Huang, East Dawning and COFFii & JOY concepts. Additionally, Yum China has partnered with Lavazza to explore and develop the Lavazza coffee concept in China. The company had 10,506 restaurants in more than 1,500 cities at the end of December 2020. Yum China ranked 361st on the Fortune 500 list for 2020. Yum China was named a leader in the restaurant and hospitality industry. leisure facilities in the Dow Jones Sustainability 2020 Indices. In 2021, Yum China was named in the Bloomberg Gender-Equality Index and was certified Top Employer 2021 in China by the Top Employers Institute, both for the third year in a row.

Visit the Yum China Holdings Inc profile for more information.

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Merck Seeks Emergency Clearance From FDA For First Oral COVID-19 Treatment

Drugmaker Merck & Co Inc (NYSE: MRK) and partner Ridgeback Biotherapeutics LP announced Monday that they have requested emergency use clearance from the United States Food and Drug Administration (FDA) for their oral antiviral therapy. COVID-19.

If approved, the pill, molnupiravir, would be the first oral therapy for COVID-19 and could be a potential breakthrough in how the virus is treated since all other FDA-backed treatments require injection or IV administration. .

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Amazon offers greater flexibility for employees to work remotely

Amazon.com Inc (Nasdaq: AMZN) gives technical and corporate employees more flexibility to work remotely even after the company begins to reopen its offices early next year.

Amazon CEO Andy Jassy said on Monday the company would leave it up to the manager of each team to determine how often workers should enter the office. This marks a change from the company’s previous expectations that most employees would be back at their desks three days a week when the offices fully reopen in January 2022.

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California to ban sale of gasoline lawn equipment

California will soon ban the sale of new gas-powered lawn equipment, the state’s latest move to cut emissions.

Under the law signed by Democratic Governor Gavin Newsom on Saturday, the California Air Resources Board (CARB) has been tasked with phasing out the sale of small all-terrain engines by 2024 or as soon as possible, whichever is later. late.

The law also authorizes the board of directors to identify and make funds available for trade rebates to help small businesses make the switch to electrical equipment. The state budget has set aside around $ 30 million for these purposes, according to the Associated Press.

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About the New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange in terms of market value with more than $ 26 trillion. It’s also the leader in initial public offerings, with $ 82 billion raised in 2020, including six of the seven biggest tech deals. 63% of PSPC proceeds in 2020 were raised on the NYSE, including the six biggest deals.

To get more information about Yum China Holdings Inc and keep up with the latest company updates, you can visit the Company Profile page here: Yum China Holdings Inc’s Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.

Sources: The chart is provided by TradingView based on 15 minute lag prices. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.

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