The Chicago Entrepreneur

Advance Auto’s stock sheds gains made on asset sale as profit lags estimates

Advance Auto Parts’ stock was volatile early Thursday, jumping on news of a sale of its Worldpac Inc. wholesale business for $1.5 billion in cash before turning down 8% after the company posted second-quarter profit that lagged estimates.

Previous post BJ’s stock falls as revenue misses Wall Street estimates
Next post As Kamala Harris gives her DNC speech, here’s how her plans — and Trump’s — could affect your money