Credit Acceptance Corporation (NASDAQ: CACC) is one of today’s top gainers. The company’s shares have moved 2.52% on the day to $470.12.
Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles.
So far today, approximately 8,122 shares of Credit Acceptance Corporation have been exchanged, as compared to an average 30-day volume of 42,304 shares.
Credit Acceptance Corporation share prices have moved between a 52-week high of $616.66 and a 52-week low of $379.77. The stock has moved 1.58% over the past week.
To learn more about Credit Acceptance Corporation, visit the company’s website at https://www.creditacceptance.com.
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