Why Advance Auto Parts Stock Stalled on Friday
A pair of executive resignations led to a mild sell-off in Advance Auto Parts (NYSE: AAP) shares on Friday. The company's stock closed the day 0.5% lower on the news, on investor concern that the company's managerial structure might not be entirely stable. By comparison, the benchmark S&P 500 index landed in positive territory by rising 0.9%.
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