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Small cap to watch: Why AutoCanada shares are up 20% in 2021 and have doubled since the summer
The Globe and Mail Published January 14, 2021 Shares of vehicle seller and repair company AutoCanada Inc. (ACQ-T) continue to accelerate amid growing demand for automobiles, including from some consumers nervous about using public transit due to the pandemic. The Edmonton-based company’s stock is up about 20 per cent so far this year and has soared by about 160 per cent over the past year. Analysts say shares of the company, which sells new and used vehicles and parts and repair services across North America, are benefitting from consumer demand as well as operational improvements and ...
Source: theglobeandmail.com