CarMax Stock Surges 2.32% in Second Day of Gains Trading Volume Ranks 168th

CarMax (KMX) shares rose 2.32% on May 30, 2025, marking the second consecutive day of gains, with a total increase of 2.46% over the past two days. The trading volume reached $890 million, ranking 168th in the day's market activity.

CarMax has announced that its 2025 annual meeting of shareholders will be held virtually on June 24, 2025, at 1:00 p.m. ET. This meeting will provide shareholders with an opportunity to discuss the company's performance and future strategies.

Additionally, CarMax is scheduled to release its first-quarter financial results for the period ending May 31, 2025, on June 20, 2025, before the market opens. The company will also host a conference call at 9:00 a.m. ET to discuss these results, offering investors and analysts a chance to gain deeper insights into the company's financial health and operational performance.

MassMutual Private Wealth & Trust FSB has increased its stake in CarMax by 5.4% during the first quarter, indicating a growing confidence in the company's prospects. This move by a significant institutional investor could further bolster investor sentiment and support the stock's upward trajectory.