Two separate news items weighed on the stock today.
S&P Global Ratings dropped its issuer-credit rating on Advance Auto Parts (NYSE:AAP) to BB+ from BBB-. The ratings agency has a Stable outlook on the auto retailer, reflecting its expectation that ...
Advance Auto Parts Inc.’s stock was volatile early Thursday, jumping on news of a sale of its Worldpac Inc. wholesale business for $1.5 billion in cash before turning down 8% after the company posted ...