ACV Auctions (ACVA) Stock Soars Nearly 44% After Hours: Why is it Moving?
ACV Auctions shares surged 43.78% after hours after Copart agreed to acquire the company for $10.50 per share in cash.
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Combination creates a full-spectrum, digital vehicle remarketing platform spanning dealer trade-ins, wholesale remarketing, salvage disposition, and international resaleProvides an immediate, scaled position in the
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ACV Auctions shares surged 43.78% after hours after Copart agreed to acquire the company for $10.50 per share in cash.
Filed: 2026-09-10 AccNo: 0000950103-26-013780 Size: 10 MB Item 1.01: Entry into a Material Definitive Agreement Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Here's a look inside the Q4 earnings report from Copart.
Major U.S. indices closed lower on Thursday, with the Dow Jones Industrial Average falling 0.6% to 52,064.10.
Copart reported quarterly earnings of $0.35 per share, missing the consensus estimate of $0.39 and falling short of year-ago earnings of $0.41. While revenues slightly exceeded expectations at $1.15 billion, the company has underperformed the S&P 500 by 18.2% year-to-date. The stock received a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market.