Advance Auto Parts has experienced a decline in market share; and was downgraded to junk status by S&P Global in September. The company has struggled with subpar gross margins, high SG&A expenses, and ...
BANGALORE, May 19 (Reuters) - Auto parts retailer Advance Auto Parts Inc posted first-quarter results that beat market estimates, partly helped by new store openings, and reaffirmed its full-year ...
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Why Shares in Advanced Auto Parts Crashed Today
Shares in auto parts retailer Advance Auto Parts (NYSE: AAP) were lower by more than 8% as of 11 a.m. today. The move came after Goldman Sachs downgraded the stock from neutral to a sell, amid ...
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