Why Yum! Brands Lost 10% Last Month
Shares of Yum! Brands (NYSE: YUM) gave up 10% in October, according to data from S&P Global Market Intelligence, as the fast-food titan posted an underwhelming earnings report at the end of the month.
Pizza Hut continued to struggle in the quarter, and comparable sales and profits both came in below expectations. As you can see from the chart below, most of the stock's decline came at the end of the month after the third-quarter earnings report.
Source Fool.com