Andrew Yang drops out of the 2020 presidential race after a disappointing showing in Iowa and New Hampshire

Matt Rourke/AP

• Presidential candidate Andrew Yang is officially dropping out of the 2020 Democratic primary race after a disappointing sixth-place finish in the New Hampshire primary, CNN and The New York Times report.
• The Yang campaign indicated to supporters and to its staff that it would no longer be viable if Yang did not place within the top four candidates in New Hampshire, including in a Saturday fundraising email.
• Visit Business Insider's homepage for more stories.

Presidential candidate Andrew Yang is officially dropping out of the 2020 Democratic primary race after a disappointing finish in the New Hampshire primary, according to CNN and The New York Times.

After building a grassroots movement and experiencing a meteoric rise on the national scene, Yang suffered a humbling defeat in the Iowa caucuses, earning just 1% support in the second caucus alignment and receiving zero pledged delegates out of state. 

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