Wednesday, August 12, 2009

Volume Tanker: YRC Worldwide (YRCW)

YRC Worldwide, Inc. (NASDAQ: YRCW) is getting hammered this farewell on an shrink downgrade.  The trucking company was cut to SELL from Hold over at Stifel Nicolaus.  Shares closed at $2.30 yesterday and are downbound around $2.11 on about 130,000 shares as of 8:27 AM EST.  The average volume is 5.9 million shares, although based on the low price and the active trader status of this stock we would expect that volume to rapidly grow throughout the morning. -JON OGG


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