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Lkq Corporation LKQ - News Analyzed: 3,898 - Last Week: 100 - Last Month: 500

β‡˜ LKQ Corporation Faced With Market Challenges and Share Sell-offs

LKQ Corporation Faced With Market Challenges and Share Sell-offs
Goldman Sachs Group Inc. and Palisade Capital Management LP have reduced their holdings in LKQ Co. (NASDAQ:LKQ). The automotive patent suit against a unit of LKQ Corp is nearing completion. There has been a recent sale of insider shares valued at $14m, indicative of possible market apprehension. LKQ Corporation has announced its first quarter results for 2024, missing EPS estimates amidst ongoing industry challenges. LKQ shares hit a new 52-week low at $41.07. LKQ Corp. plans to sell Elit Polska in Poland to MEKO AB. Despite potential upside, there are certain market risks. Further, the corporation has revealed pricing plans for €750 million worth of senior notes,misssed earnings estimates, announced leadership appointments, and produced a global sustainability report. At the same time, Northern Trust Corp and Guardian Wealth Management Inc have sold large shares of LKQ.

Lkq Corporation LKQ News Analytics from Tue, 12 Sep 2023 07:00:00 GMT to Sun, 16 Jun 2024 20:25:42 GMT - Rating -5 - Innovation 5 - Information 2 - Rumor -3

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