Crude Oil Down 3%; Kroger Shares Gain After Upbeat Q2 Earnings

Halper Sadeh LLC is Investigating Whether ACVA and SAFT are Obtaining Fair Deals for their Shareholders

Investor rights law firm Halper Sadeh LLC is investigating multiple companies for potential securities law violations and breaches of fiduciary duties related to acquisition transactions. The firm is examining whether shareholders are receiving fair consideration in deals involving ACV's sale to Copart for $10.50/share and Safety Insurance Group's sale to a Mapfre affiliate for $105.00/share, among others. The firm seeks to obtain increased consideration and additional disclosures on behalf of shareholders.

ACV Auctions shares are trading higher after Copart announced it will acquire all outstanding shares of ACV common stock for $10.50 per share in cash.

Needham Downgrades ACV Auctions to Hold

Needham analyst Chris Pierce downgrades ACV Auctions (NYSE:ACVA) from Buy to Hold.

This Copart Analyst Turns Bullish; Here Are Top 2 Upgrades For Friday

Analysts upgraded Copart, Orchestra BioMed, Illumina, Martin Marietta Materials and Waters, raising their price targets.

QUICK SPARK: Skyworks Stock Poised to Be S&P 500’s Best Stock This Week

Skyworks Solutions stock is up 28% over the past 5 days and on-track to become the S&P 500 best weekly performer.

Frequency Electronics, ACV Auctions, HP And Other Big Stocks Moving Higher On Friday

U.S. stocks rose; Frequency Electronics surged 30.7% after beating Q1 estimates, while ACV Auctions jumped 44.3% on Copart’s acquisition deal.