Kar Auction Services Shares Drop 16% After Posting Quarterly Loss

Shares of Kar Auction Services sank almost 16% in Tuesday’s extended market session as the provider of used car auction services disappointed investors with reporting a loss in the fourth quarter.

Facebook Comments

Tags: Auction COVID-19 KAR KAR Auction Services Pandemic Repo Auction

CFPB Supervisory Highlights Shining the Light on Wrongful Repossessions and Servicing

11 min read

CFPB Supervisory Highlights Shining the Light on Wrongful Repossessions and Servicing

October 9, 2024 Cucolle1

NCUA Data Shows Auto Loan Delinquency About to Explode

6 min read

NCUA Data Shows Auto Loan Delinquency About to Explode

September 8, 2024 Cucolle1

Fed Reports 9.1% of Credit Card Balances Hit Delinquency Status This Year

3 min read

Fed Reports 9.1% of Credit Card Balances Hit Delinquency Status This Year

August 25, 2024 Cucolle1

New York Fed – Auto Loan Delinquencies Continue to Rise

3 min read

New York Fed – Auto Loan Delinquencies Continue to Rise

November 13, 2024 Cucolle1

Carsker Auto Auctions Sells REPOS Faster and for Less!

2 min read

Carsker Auto Auctions Sells REPOS Faster and for Less!

October 22, 2024 Cucolle1

Partners with Point Predictive to Enhance Income Verification Process

3 min read

Open Lending Partners with Point Predictive to Enhance Income Verification Process

October 15, 2024 Cucolle1

CFPB Supervisory Highlights Shining the Light on Wrongful Repossessions and Servicing

11 min read

CFPB Supervisory Highlights Shining the Light on Wrongful Repossessions and Servicing

October 9, 2024 Cucolle1