{"id":16195,"date":"2011-12-02T15:09:00","date_gmt":"2011-12-02T15:09:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/yrc-worldwide-surges-with-1300-reverse-split\/16194\/"},"modified":"2011-12-02T15:09:00","modified_gmt":"2011-12-02T15:09:00","slug":"yrc-worldwide-surges-with-1300-reverse-split","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/yrc-worldwide-surges-with-1300-reverse-split\/16195\/","title":{"rendered":"YRC Worldwide surges with 1:300 Reverse Split"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--Ad Injection mfunc mode ad include code--><br \/>\n<!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><br \/>\n<!--\/mfunc--><\/p>\n<p>YRC Worldwide Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=YRCWD\">NASDAQ:YRCWD<\/a>) shares opened at $9 this morning and are currently trading at the high of the trading session at $11 for an augmented gain of 13.17% from yesterday\u2019s close in relation to outstanding shares\/price ratio.\u00a0<a href=\"http:\/\/oi.vresp.com\/?fid=9df829089d\" target=\"_blank\" rel=\"noopener\"><strong>Get my next ALERT 100% FREE<\/strong><\/a><\/p>\n<p>Stockholders of YRCW voted to approve a reverse stock split at their annual meeting Wednesday. The ratio approved was 1:300, according to an YRC news release. The reverse split took effect Friday on the <a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">NASDAQ<\/a> exchange, when the company&#8217;s ticker symbol temporarily changed from YRCW to YRCWD, in accordance with rules. The ticker symbol will revert back to YRCW on January 3.<\/p>\n<p><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/yrc-worldwide-surges-with-1300-reverse-split\/16195\/attachment\/yrcwd-chart\" rel=\"attachment wp-att-16196\"><img loading=\"lazy\" decoding=\"async\" title=\"YRCWD Chart\" src=\"https:\/\/storage.googleapis.com\/smw-news-wp\/2011\/12\/YRCWD-Chart.jpg\" alt=\"\" width=\"600\" height=\"775\"><\/a><\/p>\n<p><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<p>The reverse split will reduce the number of authorized common shares to about 33.3 million from the current 10 billion and reduce the number of outstanding common shares to about 6.8 million from the current 2 billion, the release states.<\/p>\n<p>&#8220;The reverse stock split is an important step in bringing the company into compliance with <a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">NASDAQ<\/a> listing rules and enhances our position as a publicly held company,&#8221; James Welch, YRC chief executive officer, said in the release. &#8220;Now we can turn our attention on serving our customers and providing them with exceptional service.&#8221;<\/p>\n<p><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/yrc-worldwide-surges-with-1300-reverse-split\/16195\/attachment\/yrcwd-chart\" rel=\"attachment wp-att-16196\"><br \/>\n<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>More Posts by this author<\/p>\n<ul>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/yrc-worldwide-surges-with-1300-reverse-split\/16195\"><br \/>\nYRC Worldwide surges with 1:300 Reverse Split<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/three-cheap-amex-stocks-in-play-aen-api-and-cfw\/16192\"><br \/>\nThree Cheap AMEX Stocks in Play: AEN, API, and CFW<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/three-stock-under-5-on-the-move-nm-rby-and-mitl\/16184\"><br \/>\nThree Stock under $5 on the Move: NM, RBY, and MITL<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/5-penny-stocks-on-the-move-cagc-cfw-fgbf-rfmk-and-urbf\/16080\"><br \/>\n5 Penny Stocks on the Move: CAGC, CFW, FGBF, RFMK, and URBF<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/amr-corporation-receives-authorization-to-pay-employees-and-honor-tickets\/16075\"><br \/>\nAMR Corporation receives Authorization to pay Employees and honor Tickets<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/three-moving-nasdaq-stocks-for-december-1-clwr-lava-zoom\/16070\"><br \/>\nThree Moving NASDAQ Stocks for December 1: CLWR, LAVA, ZOOM<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/a-couple-nasdaq-just-rocking-today-zolt-and-zoom\/16004\"><br \/>\nA Couple NASDAQ Stocks just rocking Today: ZOLT and ZOOM<\/a><\/li>\n<\/ul>\n<hr>\n<table style=\"border:none;margin:0;\">\n<tr>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n <\/td>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<div style=\"font-size:11pt;\"><b>Post Written By: Oliver Crowne <\/b><\/div>\n<div style=\"font-size:10pt;\">\n<p>Oliver Crowne is the main editor for <a href=\"http:\/\/www.stockpreacher.com\/\" target=\"_blank\" rel=\"noopener\">http:\/\/www.StockPreacher.com<\/a>\n<\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n","protected":false},"excerpt":{"rendered":"<p>YRC Worldwide Inc. (NASDAQ:YRCWD) shares opened at $9 this morning and are currently trading at the high of the trading [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[6],"tags":[],"class_list":["post-16195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot-stocks-to-watch"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/16195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=16195"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/16195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=16195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=16195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=16195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}