Auto Parts Cos., Retailers See Shares Rise on Solid Auto Sales Numbers
05 Settembre 2019 - 10:17PM
Dow Jones News
By Stephen Nakrosis
As companies report good U.S. auto sales figures for August, the
share price of several automotive component makers are rising in
Thursday's market.
Among the gainers are American Axle & Manufacturing Holdings
Inc. (AXL), whose shares are up 14.10%, to $7.20, with about 30
minutes left in the trading day; Lear Corp. (LEA), up 6.31% to
$120.48; Dana Inc. (DAN), up 8.72% at $13.89; and Tenneco Inc.
(TEN), up 17.22% to $10.28. Also seeing increases are BorgWarner
Inc. (BWA), whose shares are up 5.9% to $35.17; Goodyear Tire &
Rubber Co. (GT), up 7.09% to $12.23; and Visteon Corp. (VC), up
9.32% to $76.35.
Shares of auto parts retailer O'Reilly Automotive Inc. (ORLY)
are 2.01% higher, at $396.40. AutoZone Inc. (AZO) shares are up
1.12% to $1,135.32; Genuine Parts Co. (GPC), up 3.12% to $93.66;
and Advance Auto Parts Inc. (AAP), up 3.09% to $146.27.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
September 05, 2019 16:02 ET (20:02 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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