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Holley Inc. - $HLLY STOCK NEWS

Welcome to our dedicated page for Holley news (Ticker: $HLLY), a resource for investors and traders seeking the latest updates and insights on Holley stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Holley's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Holley's position in the market.

Rhea-AI Summary

Holley Performance Brands (NYSE: HLLY) announced the addition of a Bluetooth module for its Sniper 2 EFI conversion ecosystem, bringing greater affordability and accessibility. The new technology allows classic cars and trucks with carburetors to run like modern vehicles, controlled through the Sniper EFI app on smartphones. Holley also introduced an enhanced kitting-on-demand process for more flexibility and customization. Sniper 2 EFI is an easy-to-install, self-tuning system part of a complete ecosystem that simplifies tuning for enthusiasts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
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Rhea-AI Summary
Holley Performance Brands, a leader in automotive aftermarket performance solutions, announced the release of its first quarter 2024 financial results on May 8, 2024. The company will host a conference call and webcast to discuss the earnings, led by President and CEO Matthew Stevenson and CFO Jesse Weaver.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.73%
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Rhea-AI Summary
Holley Performance Brands appoints Jordon Musser as Senior Vice President of Safety and Electronics Product Categories to drive growth and expand its iconic safety brands. Musser will lead a global team to develop strategic growth plans for brands like Simpson®, Stilo®, and oversee electronic parts brands like Holley EFI®, MSD®, and more.
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Rhea-AI Sentiment
End-of-Day
1.46%
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Rhea-AI Summary
Holley Performance Brands appoints Chet Baker as Senior Vice President of Sales to enhance customer focus in key vertical groupings. Baker, with over 40 years of sales experience, will lead the sales team to drive growth across Holley's brands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.9%
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management
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Rhea-AI Summary
Holley Performance Products, Inc. (NYSE: HLLY) has been ordered by the United States District Court to disgorge $2,028,264.19 in net profits to Specialty Auto Parts U.S.A., Inc. following legal disputes over the misappropriation of trade dress. The disputes began 24 years ago and culminated in a breach of contract lawsuit in 2017, resulting in a judgment favoring Specialty Auto Parts U.S.A., Inc.
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Rhea-AI Sentiment
End-of-Day
1.13%
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Rhea-AI Summary
Holley Performance Brands (NYSE: HLLY) announces the prepayment of $65 million in debt since September 2023, resulting in $2.5 million in annualized net interest savings. The company utilized strong free cash flow to reduce leverage and improve its balance sheet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.46%
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none
Rhea-AI Summary
Holley Performance Brands appoints Charlie Taylor and Will Robbins to lead digital and consumer product strategy, aiming to enhance customer experience and drive growth in the automotive aftermarket industry.
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Rhea-AI Summary
Holley Inc. announces strategic evolution to Holley Performance Brands to expand influence and enhance presence in automotive aftermarket sector. The company aims to accelerate growth and innovation by categorizing its offerings into targeted vertical groupings.
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Rhea-AI Sentiment
End-of-Day
2.08%
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Rhea-AI Summary
Holley Performance Brands (NYSE: HLLY) announces its 2024 schedule of experiential marketing events, showcasing its commitment to serving customers in various aftermarket verticals. The events aim to engage 500,000 enthusiasts and customers, reflecting Holley's transformation into a global leader in high-performance automotive solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
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Rhea-AI Summary
APR, a Holley Performance Brand, launches APR Ultralink, an at-home flash-tuning software platform for European vehicles. The software provides flexibility, speed, and convenience in performance tuning, marking a significant shift in vehicle tuning. APR Ultralink streamlines the tune installation process, giving enthusiasts greater control over tuning their vehicles. The software supports popular European-brand makes and offers over 10,000 high-performance tunes. APR Ultralink is available in the U.S. and Canada for a MAP of US$129.95 (CAD$174.13) per device.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.98%
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Holley Inc.

NYSE:HLLY

HLLY Rankings

HLLY Stock Data

484.48M
56.40M
2.92%
89.84%
1.75%
Motor Vehicle Body Manufacturing
Manufacturing
Link
United States of America
BOWLING GREEN

About HLLY

holley performance products is an automotive performance company based in bowling green, kentucky. holley, when based in michigan, was one of the major producers of carburetors, being supplied as standard equipment on many detroit-built automobiles. holley has supplied carburetors for everything from the original ford model a, world war ii airplanes, and the factory muscle cars of the 1960s. later they manufactured carburetors for both street and racing applications such as the holley double pumper and dominator. holley-style carburetors have powered every nascar sprint cup team and every nhra pro stock champion until both series eventually switched to electronic fuel injection. nascar sprint cup engines still utilize a holley throttle body and holley efi is the spec efi system in nhra pro stock. holley's product range has expanded to include the aforementioned fuel injection systems, performance fuel pumps, intake manifolds, superchargers, nitrous oxide injection, performance plumbing