Shares of Copart Inc. CPRT, -1.63% slipped 1.63% to $89.65 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.40% rising 0.40% to 4,554.64 and the Dow Jones Industrial Average DJIA, +0.52% rising 0.52% to 35,411.24.
This was the stock’s fifth consecutive day of losses.
Copart Inc. closed $5.12 below its 52-week high ($94.77), which the company achieved on July 17th.
The stock underperformed when compared to some of its competitors Monday, as Carvana Co. Cl A CVNA, +1.36% rose 1.36% to $46.24, O’Reilly Automotive Inc. ORLY, +0.18% rose 0.18% to $957.98, and CarMax Inc. KMX, +0.61% rose 0.61% to $83.79.
Trading volume (1.9 M) remained 458,839 below its 50-day average volume of 2.4 M.