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, -0.79% slid 0.79% to $71.41 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -1.46% falling 1.46% to 5,123.41 and Dow Jones Industrial Average DJIA, -1.24% falling 1.24% to 37,983.24.

This was the stock’s third consecutive day of losses.

CarMax Inc. closed $16.81 short of its 52-week high ($88.22), which the company reached on March 28th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Carvana Co. Cl A CVNA, -6.78% fell 6.78% to $74.99, ACV Auctions Inc. ACVA, -2.96% fell 2.96% to $17.70, and OPENLANE Inc. KAR, -0.46% fell 0.46% to $17.48.

Trading volume (4.2 M) eclipsed its 50-day average volume of 1.9 M.

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