A major (now bankrupt) U.S. logistics/freight company is one of 2024’s highest performing stocks!

- Yellow Corporation's stock (YELLQ) has gained over 1,800% since last July and is holding steady above $8 per share, despite the company being in Chapter 11 proceedings. - The company's rise in stock price is due to its rare bankruptcy story of "Assets Over Liabilities" and potential future asset sales and cash flow numbers. - Yellow Corporation has paid off all secured debt and is working through validating unsecured claims. - Professional investors are divided on the future of Yellow Corporation's equity, with some predicting a share price of $18+ in the coming months. - Yellow Corporation was formerly the fifth largest transportation company in North America and the nation's second largest LTL freight carrier, behind FedEx Freight.

Summarized top reddit comments: - Predicted asset sale and future cash flow shows potential for share price of $18 - Terrible risk understanding of Yellow company due to unpaid debts - Comparison of Yellow company to Bed Bath and Beyond - Observation of stock price patterns in the past - Stock price spike from .43 cents to $8.50 per share last week - Warning against investing in Yellow due to insider information and company state - Statement that the company is worthless due to closure of terminals and selling of assets