Should You Buy the Plunge Today in CarMax Stock?
CarMax (KMX) shares tanked 20% on Thursday after the Richmond-headquartered company recorded disappointing financials for its Q2, reflecting broader challenges of the used car market. The used vehicle retailer earned 1.03 that analysts had forecast, while revenue also declined by 6% on a year-over-year basis. More News from Barchart Following today’s carnage, CarMax stock is down an alarming 50% versus its year-to-date high. ww ...