Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

Carmax's $278 million trading volume lands it at 387th in market rankings despite 2.50% stock price drop

Market BriefWednesday, May 14, 2025 7:59 pm ET

1min read

On May 14, 2025, Carmax's trading volume reached $278 million, marking a 54.14% increase from the previous day. This surge placed Carmax at the 387th position in the day's stock market rankings. However, the stock price of Carmax (KMX) fell by 2.50%.

Analysts have noted a significant shift in options trading for Carmax, with traders anticipating a substantial move in the stock. This speculation is driven by the company's current Zacks Rank of #3, indicating a hold position. The fundamental outlook for Carmax remains a key factor in this trading activity.

Needham & Company LLC recently adjusted their price target for Carmax, lowering it from $101.00 to $92.00 while maintaining a "buy" rating. This adjustment reflects the company's performance and market conditions, providing investors with updated insights into Carmax's potential.

Carmax has also released its 2025 Responsibility Report, highlighting a 33% reduction in greenhouse gas emissions in 2024 compared to its 2018 baseline. This environmental progress underscores the company's commitment to sustainability and its efforts to become a leader in responsible business practices.

Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.