Tag Archives: CarMax (KMX)

CarMax, Inc (KMX)’s Shares Drop 9.49% Post Poor Quarterly Results and Declining Same-Store Sales

CarMax, Inc (KMX)’s Shares Drop 9.49% Post Poor Quarterly Results and Declining Same-Store Sales

A poor quarterly result from CarMax, Inc (NYSE:KMX) lead to a 9.49% drop in its share price closing at $47.80. It was not only the company but several other auto retailers lost share prices including Lentuo International Inc (NYSE: LAS), Lithia Motors Inc (NYSE: LAD), and Asbury Automotive Group, Inc. (NYSE: ABG) losing after investor

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