Penske Truck Used in Border Raid — $PAG Stock Rises Anyway

in Finance21 hours ago (edited)

📈 Penske stock ($PAG) jumped 6.69% on August 6th — the same day Border Patrol agents were seen jumping out of the back of a Penske truck at a Home Depot in LA to detain 16 suspected undocumented migrants.

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🚚 The operation made headlines not just for the arrests, but for how it was carried out: agents riding in the cargo area, which is a direct violation of Penske’s rental policy.

🟡 Penske quickly responded, stating that no one is allowed to ride in the back of their trucks—under any circumstances. It’s a core safety rule in all rental agreements.

Penske $PAG Truck Rental by Border Patrol

🚫 Breaking that policy can:

  • Void damage waivers or insurance coverage
  • Lead to personal liability for injuries or damages
  • Violate local or state laws depending on jurisdiction

And yet… despite the unusual headlines, $PAG had a strong day in the market.

📦 From cargo policy violations to a stock price pop — sometimes reality is stranger than fiction.