Credit Acceptance Shares Down Premarket as $56 Million Options Plan for Insiders Gets Attention
Credit Acceptance shares traded at $561.67 in premarket Tuesday, down $12.31, or 2.1%. Allan V. Apple, a 10% holder, disclosed plans to write 100,000 OTC call options worth $56.17 million. Executives filed for small planned stock sales. The stock was less than 4% below its 52-week high.