Autozone Inc
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Consumer Discretionary : Specialty Retail | Mid Cap Blend
Company profile

AutoZone, Inc. is a retailer and distributor of automotive replacement parts and accessories in the United States. The Company operates through the Auto Parts Locations segment. The Auto Parts Locations segment is a retailer and distributor of automotive parts and accessories. As of February 10, 2018, the Company operated through 6,088 locations in the United States, Puerto Rico, Mexico and Brazil. The Company's stores carry product lines for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories and non-automotive products. The Company's other operating segments include ALLDATA, which produces, sells and maintains diagnostic and repair information software used in the automotive repair industry, and E-commerce, which includes direct sales to customers through www.autozone.com.

Closing Price
$1,248.33
Day's Change
0.31 (0.02%)
Bid
--
Ask
--
B/A Size
--
Day's High
1,249.36
Day's Low
1,238.13
Volume
(Above Average)
Volume:
257,431

10-day average volume:
217,947
257,431

UPDATE: Hyundai Motor confirms self-driving-car talks with Apple, shares skyrocket

11:58 pm ET January 7, 2021 (MarketWatch)
Print

By Mike Murphy

Shares of Hyundai Motor Co. soared more than 20% in Seoul trading Friday after the South Korean auto maker confirmed it was in talks with Apple Inc. to develop a self-driving electric car.

"Apple and Hyundai are in discussion, but as it is at early stage, nothing has been decided," Hyundai said in a statement.

That was enough to spark Hyundai's sharpest intraday trading gain since at least 1988.

The Korean news website Hankyung (https://www.hankyung.com/news/article/2021010802115) first reported the Apple news, saying Hyundai would manufacture the Apple-designed car as well as develop batteries for it.

Separately, Bloomberg News reported (https://www.bloomberg.com/news/articles/2021-01-07/apple-s-aapl-tesla-tsla-killer-won-t-ship-for-at-least-half-a-decade?sref=Oeyjq8by) Thursday that it will take Apple (AAPL) at least five years to develop an autonomous car. Bloomberg also reported that a number of former Tesla Inc. (TSLA) executives have been added to the project.

For years, Apple has been rumored to be working on a self-driving car, and has gone back and forth between developing its own car and just developing the technology (https://www.marketwatch.com/story/apple-focusing-on-self-driving-technology-not-building-cars-report-2017-08-22) for one. Last Month, Reuters reported (https://www.marketwatch.com/story/apple-shares-rise-on-report-that-icar-could-emerge-in-2024-11608584812) Apple was again looking to develop a passenger car, with a target date of 2024.

Apple shares jumped more than 3% on Thursday, and are up 69% over the past year, compared to a 7% gain by the Dow Jones Industrial Average , of which it is a component, over the past 12 months.

-Mike Murphy; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

January 07, 2021 23:58 ET (04:58 GMT)

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