OPLN
38.16 USD
-0.80%
Today
-4.59%
1D
Market is closed
Sun
Closed
Mon
4:30 PM ~ 10:59 PM
Tue
4:30 PM ~ 10:59 PM
Wed
4:30 PM ~ 10:59 PM
Thu
4:30 PM ~ 10:59 PM
Fri
4:30 PM ~ 10:59 PM
Sat
Closed
Information
Name
OPENLANE Inc
Currency
USD
Market Cap
4.75B
Avg Daily Volume
1.26M
52 Week High
42.9 USD
52 Week Low
24.32 USD
Trading Hours
See hours
Business Summary
OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for wholesale used vehicles in the United States, Canada, Continental Europe, and the United Kingdom. The company operates through two segments, Marketplace and Finance. The Marketplace segment includes various activities designed to facilitate the transfer of used vehicles for sellers and buyers; vehicle logistics center locations; SaaS-based private label remarketing solutions to automobile manufacturers, captive finance companies, and other commercial customers to digitally offer vehicles for sale; wholesale vehicle marketplaces; and value-added ancillary services including inbound and outbound transportation logistics, reconditioning and mechanical work, vehicle inspection and certification, titling, administrative, and collateral recovery services. This segment sells its products and services through commercial fleet operators, financial institutions, car rental companies, new and used vehicle dealers, and vehicle manufacturers. Its marketplaces include OPENLANE platform, a mobile app enabled solutions that allows dealers to sell and source inventory. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent vehicle dealers; liquidity for customer trade-ins; and title services. In addition, the company provides pre- and post-sale inspection; transportation and logistics; digital marketplace services; remarketing services; and vehicle research services. It serves commercial customers, and franchise and independent dealer customers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.
Top News
OPENLANE
-3.42%
OPENLANE’s (NYSE:OPLN) Q3 2026: beats on revenue
finance.yahoo.com
2h ago
OPENLANE
-3.42%
OPENLANE: Q3 Earnings Snapshot
finance.yahoo.com
2h ago
OPENLANE
-3.42%
OPLN: Marketplace GMV surged 38% as stronger results lifted FY26 guidance
tradingview.com
2h ago
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Frequently Asked Questions
What are cyclical stocks in trading?
Cyclicals are stocks that move in line with the broader economy. They perform well during economic booms and tend to decline during recessions.
Why do traders invest in cyclical sectors?
Traders use cyclicals to capitalize on economic recovery phases, often seeking high returns when consumer spending and business investment rise.
What industries fall under cyclicals?
Automobiles, travel & tourism, retail, restaurants, and luxury goods are common cyclical industries.
Are cyclical stocks risky?
They can be. While they offer growth potential, they are more volatile and sensitive to economic changes compared to defensive sectors.
