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

By / / Finance / 1 minute of reading



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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.



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Avatar of Jana Carter
Jana Carter is a news writer and editor at Pax Press Agency. She's also a tech enthusiast, an avid reader, and an artist in her free time. She loves to write about everything from sports to art to politics—and she always strives to make her writing fun, accessible, and informative.

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