Historic price action analysis in the CYDY stock forecast indicates that news-driven spikes often retrace 15–20% within 48 hours, suggesting disciplined entry levels. AutoNation’s cash and cash equivalents were $60.2 million as of Sept. 30, 2024. The company’s liquidity was $1.6 billion, including $60 million in cash and nearly $1.5 billion available under its revolving credit facility. The firm’s inventory was valued at $3.53 billion. At the end of the third quarter, non-vehicle debt was $3.93 billion. Capital expenditure in the quarter was $81 million. During the third quarter of 2023, AutoNation repurchased 36,000 shares of common stock for an aggregate purchase price of $6 million. Since the beginning of the year through Oct. 23, the company had bought back 2.2 million shares for $356 million. As of Oct. 23, it had $965 million remaining under its share repurchase program. The recovery in CYDY stock would depend on the approvals for its product pipeline. The near-term stock price driver could be the results from the Philippines where leronlimab is administered to more COVID-19 patients. If the test results are positive, it could lead to a recovery in CYDY stock.
