ACV Auctions Stock Plunge: Cox Acquisition Intensifies Competition

ACV Auctions stock takes a hit! Find out why shares dipped after competitor Cox Automotive's major acquisition, intensifying the already fierce battle in the used car market. Was it just this news, or is it part of a larger trend for ACV, which has seen a rocky year with missed targets and analyst downgrades? Get the breakdown on what this means for investors and the future of online car auctions. Hosted on Acast. See acast.com/privacy for more information.