Advance Auto Parts Stock Drops Five Percent
Update: 2025-12-17
Description
Advance Auto Parts stock plummets over five percent following Evercore ISI Groups price target reduction and BofA Securities Underperform rating. Sales drop by nine point one percent, with customer transactions decreasing by eleven point eight percent. Broader economic report shows motor vehicle and parts dealers sales fell by one point six percent in October. Stock volatility persists, with todays drop suggesting investor concerns but not a fundamental shift in the businesss long-term outlook. Advance Auto Parts is down ten point six percent year-to-date, trading at around forty-three dollars per share, more than thirty-five percent below its fifty-two-week high.
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