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Executive from heavily shorted company sees new era from the week's Wall Street action

Key Points
  • CarParts.com is a heavily shorted company that has seen its price surge along with many other companies that are bet against heavily on Wall Street.
  • Company COO/CFO David Meniane said he sees a “new era” in the market from the rebellion of retail investors against the Street’s big players.
Traders work on the floor of the New York Stock Exchange.
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CarParts.com has been in the crosshairs of the wild market action in Wall Street this week, but one of its top executives isn't worried.

David Meniane, the company's chief operating officer and CFO, said his company is "pretty good at ignoring the noise" in the marketplace, though he sees larger implications from the news that has rattled investors over the past four days.

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