Stock Alert: YRC Worldwide Shares Surge 120% In Premarket On $700 Mln CARES Act Loan From UST

Shares of YRC Worldwide Inc. (YRCW) are soaring over 120% in pre-market today, after the company announced that the United States Department of the Treasury or UST intends to provide a $700 million loan to YRCW under authorization provided by Subtitle A of Title IV of the CARES Act.

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