Will Openlane Appoint A CFO Or Sell Itself, That Is The Question

Openlane (NYSE: KAR ) is one of the largest used car, dealer-to-dealer wholesale marketplaces, accounting for 1.5 million cars sold last year in a wholesale auto market that comprises roughly 15 million units each year with a ~$19,000 average selling price. While Openlane enjoysAnalyst’s Disclosure: I/we have a beneficial long position in the shares of KAR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensa ...