🟢 Copart is trading 4.1% up today as investors digest $1.9 billion ACV Auctions deal

Copart is trading 4.1% up at $31.18 as investors continue digesting its announced acquisition of ACV Auctions.

• The all-cash transaction values ACV at approximately $1.9 billion and gives Copart entry into dealer-to-dealer wholesale remarketing.
• The gain comes despite broader weakness in major U.S. indexes and follows recent earnings-related margin concerns, including higher facility and vehicle-sales costs.
• No reliable volume figure was available in the provided data.