Yum! Brands Stock Jumps 9% On Strong Q4 Revenue Growth

(RTTNews) - Yum! Brands, Inc. (YUM) is up by 9.07 percent during Thursday's trading, rising $11.48 to $142.73. The stock jumped after the company reported a strong fourth quarter, with total revenues increasing to $2.36 billion, up from $2.04 billion in the same period last year. However, net income declined to $423 million from $463 million.

YUM is currently trading at $143.16, up $11.91 from the previous close of $131.25. The stock has fluctuated today, reaching a high of $144.40 and a low of $138.10. Trading volume has reached 3.3 million shares, above the average volume of 1.8 million.

The strong revenue growth helped drive the stock higher, pushing it to the upper end of its 52-week range of $122.13 - $144.40.