Asbury Automotive Group (ABG) Shares Soar 4.20% Ahead of Q2 Earnings

Asbury Automotive Group (ABG) shares surged 4.20% intraday, marking its highest level since March 2025, with a two-day gain of 8.55%.

The strategy of buying ABG shares after they reached a recent high and holding for 1 week showed poor performance over the past 5 years. The annualized return was -4.5%, significantly underperforming the market. This indicates that relying on recent highs as a buying trigger and holding for a short duration is not a profitable strategy for ABG.

Asbury Automotive Group's stock price has been influenced by several factors recently. Significant activity in the options market, particularly the July 18, 2025, $195 Call option, has indicated increased investor interest and implied volatility. This heightened activity suggests that investors are closely monitoring the company's performance and potential future movements.

Another key factor driving investor attention is the upcoming announcement of Asbury Automotive Group's Q2 2025 financial results, scheduled for July 29, 2025. Investors are eagerly awaiting these results as they will provide crucial insights into the company's performance and strategic growth initiatives. The anticipation of these results has contributed to the recent volatility in ABG's stock price.

Additionally, Asbury Automotive Group has recently sold three dealerships in Utah. This divestment activity can impact the company's market position and financials, potentially influencing investor sentiment and stock price movements. The sale of these dealerships may be part of a broader strategic initiative to streamline operations and focus on more profitable segments of the business.