Volume Tanker: YRC Worldwide (YRCW)

Posted in pre-market 
August 12th, 2009

YRC Worldwide, Inc. (NASDAQ: YRCW) is getting hammered this morning on an analyst downgrade.  The trucking company was cut to SELL from Hold over at Stifel Nicolaus.  Shares closed at $2.30 yesterday and are down 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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