STOCK TITAN

Openlane Inc. - KAR STOCK NEWS

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

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 Openlane'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 Openlane's position in the market.

Rhea-AI Summary
NYSE: KAR - OPENLANE, Inc. Launches Unified Digital Marketplace for Wholesale Used Vehicles in the US, Offering Exclusive Off-Lease Inventory and Thousands of Vehicles from Franchise and Independent Dealers. The Platform Provides Multiple Sale Formats, Data-Driven Insights, and Integrated Products and Services for Buyers and Sellers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
KAR: OPENLANE, Inc. to Participate in RBC Global Technology Conference and Stephens Annual Investment Conference. CFO and CEO to Present at Key Events
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
conferences
-
Rhea-AI Summary
OPENLANE, Inc. reported improved third quarter financial results with increased volumes, revenue, and gross profit. The marketplace segment grew in both commercial and dealer transactions, contributing to OPENLANE's adjusted EBITDA performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.35%
Tags
Rhea-AI Summary
OPENLANE to release Q3 2023 financial results and host earnings conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.27%
Tags
-
Rhea-AI Summary
OPENLANE, Inc. will participate in the J.P. Morgan 2023 Auto Conference on August 10, 2023. Webcast of the presentation will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.11%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
Tags
-
Rhea-AI Summary
OPENLANE, a leading operator of digital marketplaces for wholesale used vehicles, has announced the integration of ADESA Canada and TradeRev into the consolidated OPENLANE Canada marketplace. This unified platform creates Canada's largest digital wholesale marketplace for used vehicles, providing greater flexibility and convenience for buyers and sellers. OPENLANE Canada offers expanded access to more inventory for buyers and instant reach to a broader buyer base for sellers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.22%
Tags
none
Openlane Inc.

NYSE:KAR

KAR Rankings

KAR Stock Data

1.89B
105.68M
2.23%
103.36%
3.62%
Used Car Dealers
Retail Trade
Link
US
Carmel

About KAR

kar auction services, inc. (nyse: kar), a fortune® 1000 company, operates used vehicle auction services for north american sellers and buyers worldwide. based in carmel, ind., the kar group of companies is comprised of adesa, inc. (adesa), insurance auto auctions, inc. (iaa), automotive finance corporation, inc. (afc), and additional business units, with nearly 12,000 employees across the globe. adesa operates 65 wholesale used vehicle auctions and iaa has 165 salvage vehicle auctions. both companies offer leading online auction platforms to provide greater access for customers. afc provides inventory financing and comprehensive business services to primarily independent used vehicle dealers from its 105 locations. together, kar’s complementary businesses provide support, technology and logistics for the used vehicle industry. for more information, visit karauctionservices.com.