O'Reilly Automotive: Why a collapsed $10 billion deal lets shareholders breathe a sigh of relief
Reading Time: 2 minutes
GPC ends speculation about a NAPA acquisition, causing ORLY shares to rise significantly. O'Reilly avoids financial burdens and protects its industry-leading operating margin of around 19.5%. The company's focus remains on massive stock buybacks and the organic growth of its over 6,400 locations. Relief over preserved financial stability The substantial rise in the shares of O'Reilly Automotive (ORLY) by about 7.7% to over $91 on July 21 reflects the noticeable relief among investors. After competitor Genuine Parts Company (GPC) sticks...
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