CarMax Inc. stock outperforms competitors despite losses on the day

CarMax Inc. stock outperforms competitors despite losses on the day

Shares of CarMax Inc. KMX, -2.58% shed 2.58% to $76.52 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.17% rising 0.17% to 4,754.63 and the Dow Jones Industrial Average DJIA, -0.05% falling 0.05% to 37,385.97.

CarMax Inc. closed $10.98 short of its 52-week high ($87.50), which the company achieved on July 19th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Carvana Co. Cl A CVNA, -5.96% fell 5.96% to $54.74, ACV Auctions Inc. ACVA, +1.26% rose 1.26% to $15.22, and OPENLANE Inc. KAR, +0.26% rose 0.26% to $15.14.

Trading volume (2.3 M) eclipsed its 50-day average volume of 2.1 M.

Share:
error: Content is protected !!