Copart Inc

CPRT: XNAS (USA)
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Copart Earnings: Volume Woes Continue, but ACV Acquisition Makes Sense

Copart's stock rose over 7% in Sept. 10 after-hours trading after the company released fiscal fourth-quarter results and said it is buying nonsalvage auction firm ACV for about $1.9 billion in cash ($10.50 per share). The deal is targeted to close by the end of calendar 2026.

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