DJ CarMax Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of CarMax Inc. $(KMX)$ shed 2.53% to $79.10 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.
This was the stock's third consecutive day of losses.
CarMax Inc. closed 13.32% short of its 52-week high of $91.25, which the company achieved on December 19th.
The stock underperformed when compared to some of its competitors Wednesday, as Carvana Co. Cl A (CVNA) rose 0.37% to $215.89, ACV Auctions Inc. (ACVA) rose 2.56% to $15.21, and OPENLANE Inc. $(KAR.AU)$ fell 0.83% to $21.50.
Trading volume (3.1 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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(END) Dow Jones Newswires
March 05, 2025 17:17 ET (22:17 GMT)
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