A Trucking Company You Never Heard of Just Borrowed Money From the Government. Why Its Stock Has Doubled.
Article written by Al Root Photograph by Spencer Platt/Getty Images Trucking company YRC Worldwide shares are up 130% in premarket trading after getting a huge loan from the government. The move illustrates some important financial math. More important, it shows that it pays to have friends in high places. “We would like to thank Congress for passing the CARES Act and […]