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CarMax stock plummets 20% following 'challenging' quarter that missed Wall Street's expectations
Summary
5 Articles
5 Articles
CarMax second-quarter profit falls as used-car demand slumps
CarMax reported a fall in second-quarter profit on Thursday, as waning demand for used vehicles continued to weigh on the U.S. pre-owned vehicle market, sending the company's shares down nearly 13% in premarket trade.
·United Kingdom
Read Full ArticleCarMax Drops as Tariff-Fueled Pull-Forward Effect Hurt Comparable Sales
CarMax Inc. shares plunged premarket after the company reported a surprise drop in comparable sales, as buyers had rushed to purchase vehicles in the previous quarter ahead of a tariff on imported cars.
·United States
Read Full ArticleCoverage Details
Total News Sources5
Leaning Left1Leaning Right1Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 20%
C 60%
R 20%
Factuality
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