In the months after Sonic Automotive Inc. CEO David Smith was arrested on assault charges, at least nine law firms said they had launched investigations into the publicly traded dealership group and shareholder claims that company executives or board directors may have breached their fiduciary duties or engaged in securities […]
Sonic
As of late, it has definitely been a great time to be an investor of Sonic Automotive, Inc. SAH. The stock has moved higher by 10.1% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could […]
Sonic Automotive, Inc. (SAH) is seeing car buyers return with a vengeance this summer. This Zacks Rank #1 (Strong Buy) saw used vehicle sales turn green in June. Sonic is one of the largest auto retailers in the United States with 86 franchised dealerships and 10 EchoPark pre-owned dealerships in […]