The company filed an AK saying they might not be able to continue as a going concern. The stock went about tripled in a couple of days, trading around $3 a share. With the debt involved, it's probably worth pretty close to zero and the market had gotten there.
Freight company Yellow stopped operations and a bankruptcy is expected as the next move.
(00:21) Bill Barker and Deidre Woollard discuss: - Why Yellow shut down and what place it occupied in the world of trucking. - SoFi’s strong quarter and what it needs to become profitable. - Tupperware and the danger of meme stocks.
(19:39) Mauro Guillén, author of “The Perennials”, makes the case for abandoning traditional generational views of society, career development, and retirement.
Companies discussed: YELL, SOFI, TUP, ODFL, FDX, XPO Host: Deidre Woollard Guests: Bill Barker, Mauro Guillén Producer: Ricky Mulvey Engineers: Dan Boyd, Kyle Carruthers
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