Why ACVA rose 44.5% on Sep 11 2026: cash tender offer
ACVA+44.5%on Fri Sep 11 2026
ACV Auctions Inc. was up 44.5% on the day at $10.43, ranked #3 on 163× its usual five-minute volume, when TapeRank recorded this spike at 11:13 ET during regular hours.
WHAT THE ROW LOOKED LIKE
LAST10.43
DAY▲ 44.5%
5 MIN▲ 0.10%
5M RVOL163×
5M $VOL$26.3M
FLOAT*169.8M
RANK#3
SESSIONREGULAR
* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
AI VERDICT
JUSTIFIEDCONFIDENCE5/5
ACV Auctions is being acquired by Copart via a cash tender offer at $10.50 per share, with no financing condition attached. The stock has moved to trade just under the deal price as it converges toward the announced acquisition terms.
WHYA definitive $10.50 cash buyout with no financing condition fully justifies a jump to $10.43, as the move simply reflects the stock repricing to the deal consideration.
ANALYZED 11:14 ET · <1 MIN AGO · ANTHROPIC/CLAUDE-SONNET-5
FILINGS · 24H BEFORE THE MOVE
SESSION LEVELS AT CAPTURE
VWAP10.43
HOD10.46
LOD10.30
OR HIGH10.46
OR LOW10.43
PREV CLOSE7.22
PM HIGH10.46
PM LOW10.30
GAP▲ 44.81%