OPENLANE to Change Stock Ticker to OPLN
OPENLANE (NYSE:KAR) announced it will change its NYSE ticker symbol to OPLN effective at the open of trading on December 26, 2025.
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Rhea-AI Summary
OPENLANE (NYSE:KAR) announced it will change its NYSE ticker symbol to OPLN effective at the open of trading on December 26, 2025. The company said no action is required by stockholders. The change aligns the investor ticker with the OPENLANE corporate brand after a rebrand two and a half years ago.
Management highlighted that OPENLANE has transformed its business, technology and customer experience and continues to grow volumes and market share in off-lease remarketing and the dealer-to-dealer market.
Details
News Market Reaction – KAR
On Dec 16, the day this news came out, KAR closed 3.95% above the previous close.
Data tracked by StockTitan Argus for the Dec 16 session.
Key Figures
- Ticker change effective date
- December 26, 2025
- NYSE symbol changing from "KAR" to "OPLN" at market open
Historical Context
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Executive changes at Reviver, a related automotive technology company.
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Management participation in four investor conferences in late 2025.
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Q3 2025 beat with revenue, GMV growth, and raised full‑year guidance.
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Scheduling of Q3 2025 earnings release and conference call details.
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Repurchase of 53% of Series A Preferred Stock via new secured term loans.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
New Symbol Aligns Branding, Reflects Transformation and Growth
"Two and a half years ago, we rebranded our company to OPENLANE and aligned around a simple purpose: to make wholesale easy so our customers can be more successful," said Peter Kelly, CEO of OPENLANE. "Since then, we have transformed our business, our technology and the customer experience we deliver to automotive manufacturers, dealers, rental companies, fleet operators, captive finance and lending institutions. OPENLANE is the clear industry leader in off-lease remarketing and continues to grow both volumes and market share in the large dealer-to-dealer market. This change to OPLN better aligns our investor brand with OPENLANE's corporate brand and our successful go-to-market strategy."
OPENLANE Contacts: | ||
Media Inquiries: | Analyst Inquiries: | |
Laurie Dippold | Bill Wright | |
(317) 468-3900 | (317) 249-4559 | |
About OPENLANE
OPENLANE, Inc. (NYSE: KAR) makes wholesale easy by connecting the leading automotive manufacturers, dealers, rental companies, fleet operators, captive finance and lending institutions as buyers and sellers to create the most advanced digital marketplace for used vehicles. Our innovative products and services deliver a fast, fair and transparent experience that helps customers make smarter decisions and achieve better outcomes. Headquartered in
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SOURCE OPENLANE, Inc.
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