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Carmax's Trading Volume Surges 101.3% to $729 Million, Stock Jumps to 105th in Market Rankings
Generated by AI AgentAinvest Volume Radar
Friday, Jun 20, 2025 8:08 pm ET1min read
On June 20, 2025, Carmax's trading volume reached $729 million, marking a 101.3% increase from the previous day. The company's stock price rose by 6.61%, placing it at the 105th position in the day's market rankings.
Carmax reported its first-quarter fiscal year 2026 results, showcasing a strong performance. The company's earnings per share stood at $1.38, with revenue growing by 6% year-over-year to $7.55 billion. This growth was driven by a significant increase in used vehicle sales, which rose by 8.1%.
Analysts have noted that Carmax's Q1 results were particularly impressive, with total sales reaching $7.5 billion and earnings per share surging by 42% to $1.38. This performance exceeded market expectations, indicating a robust turnaround for the company. The strong sales figures and earnings growth suggest that
is well-positioned to continue its upward trajectory in the coming quarters.
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