Shares of Copart Inc. CPRT shed 0.35% to $56.89 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.56% to 3,828.11 and the Dow Jones Industrial Average DJIA rising 1.02% to 33,160.83. This was the stock’s second consecutive day of losses. Copart Inc. closed $23.67 short of its 52-week high ($80.56), which the company achieved on November 16th.
The stock underperformed when compared to some of its competitors Tuesday, as CarMax Inc. KMX rose 0.22% to $64.77, Lithia Motors Inc. LAD rose 3.16% to $211.02, and AutoNation Inc. AN rose 2.23% to $113.01. Trading volume (2.4 M) eclipsed its 50-day average volume of 2.4 M.