Shares of CarMax Inc. KMX shed 3.65% to $122.54 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 1.30% to 4,300.46 and Dow Jones Industrial Average DJIA falling 0.94% to 34,002.92. This was the stock’s third consecutive day of losses. CarMax Inc. closed $25.19 below its 52-week high ($147.73), which the company achieved on September 29th.
The stock underperformed when compared to some of its competitors Monday, as Copart Inc. CPRT fell 2.40% to $136.57, AutoNation Inc. AN rose 0.70% to $120.25, and Penske Automotive Group Inc. PAG fell 0.02% to $102.07. Trading volume (1.9 M) eclipsed its 50-day average volume of 1.0 M.