Business
Why the Eagers Automotive (ASX:APE) share price lifted today
The Eagers Automotive Ltd (ASX: APE) share price is in the green today, while the most of the ASX is firmly in the red. This comes after the company provided an update on the sale of its Daimler operations.
The automotive company’s shares closed today’s trade at $15.66, up 1.62%. In comparison, the S&P/ASX 200 Index (ASX: XJO) is sitting at 7,025 points, down 0.8%.
What did Eagers announce?
Investors pushed the Eagers Automotive share price higher after digesting the latest news from the company.
In its announcement, Eagers Automotive advised it has completed the sale of its Daimler Truck Operations to Velocity Vehicle Group.
Based in the United States, Velocity Vehicle Group operates as an automotive retailer. The group…
-
General23 hours agoThousands join pro-Palestinian rallies in towns and cities across Australia amid ceasefire
-
General22 hours agoAustralia’s Diamonds defeat South Africa’s Proteas 65-42 in third netball Test
-
General21 hours agoBathurst 1000 quick hits: Chaz Mostert drinks beer with fans, Erebus owner protests, and drama on Mount Panorama
-
Noosa News19 hours agoFatal Traffic Crash, South Bingera