The bankruptcy filing by an auto parts supplier has hit sentiment toward Advance Auto, O'Reilly Auto Parts, and AutoZone.
The auto parts retailer is restructuring its operations as it struggles with operational losses and declining sales. The stock soared after the company reported better-than-expected Q1 earnings.
Advance Auto Parts is closing more than 500 stores, including nine in Oregon, and shedding another 200 independent locations as part of its efforts to revive its struggling business. North ...
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