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Why the Yum Brands Stock Price Is Up 5% After Spin-Off News (NYSE: YUM)
The Yum Brands stock price surged 5% to $75.22 today (Tuesday) after announcing it will spin off its China operations.
Yum! Brands Inc. (NYSE: YUM) will split into two publicly traded companies: Yum! China and Yum! Brands.
Here's what the spin-off means for shareholders and for Yum Brands stock...
The Yum Brands stock price surged 5% to $75.22 today (Tuesday) after announcing it will spin off its China operations.
Yum! Brands Inc. (NYSE: YUM) will split into two publicly traded companies: Yum! China and Yum! Brands.
Here's what the spin-off means for shareholders and for Yum Brands stock...