Shares across the board in social media companies dropped on Sept. 15. Yelp and LinkedIn both dropped more than six percent, Twitter fell five percent and Facebook fell four percent. It’s unknown exactly why so many social media companies fell drastically, but Chinese e-commerce company, Alibaba, could be taking attention away from social media with its IPO becoming available Sept. 19.
Social media shares dropped significantly on Monday, Sept. 15, turning heads to Alibaba’s IPO.
Yum Brands, the owners of Taco Bell, KFC and Pizza Hut, are testing a new restaurant: Banh Shop. The Southeast Asian fast-casual restaurant has opened its test restaurant in Dallas, with a second store opening later in September at the Dallas/Forth Worth airport. Guarding that Banh Shop is successful, Yum Brands could move into competition with restaurants like Chipotle and Panera.
Banh Shop opens its doors in Dallas in a Yum Brands test-run.