Shares of Carmax Inc (KMX) are trading -20% lower at a price of $69.17 at the time of this writing.
- CarMax earnings were lower than expected
- Combined retail and wholesale used vehicle unit sales were down 10.3% year-over-year to 376,616
Carmax Inc has been trading between a 52-week high of $155.98 and a 52-week low of $69.17. The stock has a market cap of $11 Billion.
CarMax, the nation's largest retailer of used cars, revolutionized the automotive retail industry by driving integrity, honesty and transparency in every interaction. The company offers a truly personalized experience with the option for customers to do as much, or as little, online and in-store as they want. CarMax also provides a variety of vehicle delivery methods, including home delivery, contactless curbside pickup and appointments in its stores.
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09-29-22As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:
heronymou5 - 4 upvotes - source
who bought kmx puts? congrats u asshole
nextgeninventor - 2 upvotes - source
wtf is kmx going up after missing 43%
Excellent_Eggplant87 - 2 upvotes - source
Kmx is such a POS company ![img](emote|t5_2th52|4641)![img](emote|t5_2th52|4641)
dcgkny - 1 upvotes - source
KMX calls or puts for ER?
BarryMacoknher - 1 upvotes - source
LemmeAFiver - 0 upvotes - source
12 million regards. And not A SINGLE FUCKING DD THREAD ON KMX!!!