CarMax Inc. Stock Slips 4.5%, Underperforms Market

Dow Jones
03-14

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of CarMax Inc. shed 4.5% to $69.25 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.4% to 5,521.52 and Dow Jones Industrial Average falling 1.3% to 40,813.57.

This was the stock's ninth consecutive day of losses.

CarMax Inc. closed 24.1% short of its 52-week high of $91.25, which the company reached on December 19th.

The stock demonstrated a mixed performance when compared to some of its competitors, as Carvana Co. Cl A fell 7.0% to $166.67, ACV Auctions Inc. fell 2.0% to $14.00, and OPENLANE Inc. fell 3.03% to $20.16.

Trading volume totaled 2.5 million, compared to the 50-day average of 1.7 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 13, 2025 16:35 ET (20:35 GMT)

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