Jul 21, 2023

Advance Auto Parts Inc. stock outperforms competitors on strong trading day

Shares of Advance Auto Parts Inc. AAP, +2.42% advanced 2.42% to $65.63 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.63% rising 0.63% to 4,433.31 and the Dow Jones Industrial Average DJIA, +0.62% rising 0.62% to 34,559.98.

The stock's rise snapped a two-day losing streak.

Advance Auto Parts Inc. closed $128.72 below its 52-week high ($194.35), which the company reached on November 2nd.

The stock outperformed some of its competitors Monday, as O'Reilly Automotive Inc. ORLY, +0.36% rose 0.36% to $934.43 and AutoZone Inc. AZO, +0.64% rose 0.64% to $2,469.13.

Trading volume (2.4 M) remained 266,004 below its 50-day average volume of 2.7 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

The company says it believes a lawsuit from Maui County that it acted negligently before deadly wildfires on the island is 'factually and legally irresponsible.'

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