Is the CarMax Stock Wreck An Opportunity?

CarMax (KMX) investors are concerned, as evidenced by a significant drop in the company's stock. Last week, shares of the nation's largest used car retailer fell more than 12% following a disappointing quarterly update. This decline not only wiped out a strong start to 2024 but also placed the stock down 7% year-to-date, lagging behind the S&P 500’s 7%...

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