CarMax Inc. Stock Outperforms Competitors Despite Losses On The Day
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CarMax Inc. (KMX) shares fell 1.70% to $38.64 on a challenging trading day, while the S&P 500 and Dow Jones also declined. Despite this, CarMax outperformed competitors like Carvana Co. (CVNA), ACV Auctions Inc. (ACVA), and OPENLANE Inc. (OPLN), which saw larger losses. CarMax remains 56.81% below its 52-week high of $89.47 reached on February 18. Trading volume was significantly lower than its 50-day average.
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