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Here's Why O'Reilly Automotive Stock Jumped 19% and Reached an All-Time High in October

Here's Why O'Reilly Automotive Stock Jumped 19% and Reached an All-Time High in October

Shares of automotive retail company O'Reilly Automotive (NASDAQ: ORLY) jumped 19% in October, according to data provided by S&P Global Market Intelligence. The S&P 500 was up about 8%, so O'Reilly drifted higher early in the month thanks to general strength in the market. As the chart below shows, O'Reilly stock was a market performer for most of October.