AN - Why AutoNation Stock Is Moving This Week | Benzinga
AutoNation Inc (NYSE: AN) shares are trading lower by 3.76% to $153.24 Friday morning, pulling back following recent strength. Shares of used car retailers were otherwise trading higher this week amid the UAW launching a historic simultaneous strike. A strike could impact vehicle production at large automakers and potentially drive used car prices higher.
Why It Matters
During a UAW strike, production of new vehicles may be disrupted or delayed. As a ...