Openlane (NYSE: KAR)
Openlane Return vs. S&P
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Openlane Company Info
OPENLANE, Inc. engages in the provision of used car auction services and salvage auction services in North America and the United Kingdom. It operates through the following segments: ADESA Auctions and Automotive Finance Corporation (AFC). The ADESA segment provides whole car auctions and related services to the vehicle remarketing industry in North America. The AFC segment provides floor plan financing to used vehicle dealers. The company was founded on November 9, 2006 and is headquartered in Carmel, IN.
News & Analysis
Why Kar Auction Services Stock Popped 11% Today
Losses aren't as bad as feared in Q4 2021, and continued cost-cutting holds promise for 2022.
Why Kar Auction Services Is An Economic Reopening Stock
Kar Auction Services was hurt by the Covid-19 pandemic but stands to benefit as the economy reopens.
Why KAR Auction Services Stock Tanked 25% at the Open Today
The company reported earnings. Investors and analysts were clearly displeased. Here's a quick look at why.
Why Cars.com and KAR Auction Dropped by Double Digits While Carvana Popped 10%
Here are the driving forces behind volatile automotive stocks Thursday.
KAR Auction Services Drops 15% Wednesday Morning as Challenges Remain
KAR Auction Services feels margin and volume pressure in the third-quarter -- here's what you need to know.
KAR Auction Services Profit Falls 27% on Lower Auction Margins
Earnings missed Wall Street expectations.
Why KAR Auction Stock Just Dropped 11%
Earnings miss guidance -- this time. But guidance remains intact.
Why KAR Auction Services "Plummeted" 55.5% in June
Believe it or not, last month's drop was a planned event.
Valuation
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