NasdaqGS:CPRTCommercial Services
Copart Leans On Global Growth As U.S. Volumes Stay Soft
Copart is seeing stronger international growth and a broader global buyer network support higher auction returns.
These trends are helping offset softer U.S. insurance volumes highlighted in recent quarterly commentary.
The update sheds light on how Copart is using its global reach to support its core auction business.
Copart (NasdaqGS:CPRT), trading at $32.77 at the last close, is contending with weaker U.S. insurance volumes while leaning more on its overseas operations. The stock is down...