LKQ Stock Plummets, Despite Mixed Q3 Results
Update: 2025-12-16
Description
LKQ Corporation, a significant player in the auto parts industry, has experienced a substantial drop in its stock price, with a decline of nearly 32% from its 52-week high. Despite a slight increase in overall revenue, the companys stock has underperformed compared to the Dow Jones Industrial Average. LKQs third-quarter results showed mixed performance, with a decrease in parts and services revenue but an increase in overall revenue due to favorable currency exchange rates. However, the companys stock price has continued to decline, falling 17% since the beginning of the year and 20% over the past 52 weeks.
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