The Traderszone Network

Published in TZ Latest News 26 September, 2016 by The TZ Newswire Staff

Here’s the Problem With CarMax, Inc’s Second-Quarter Results

Companies in the automotive industry can run, but they can’t hide from plateauing vehicle sales in the U.S. market. It’s that pessimism throughout the markets that has pummeled a number of automotive stocks, and while CarMax (NYSE: KMX) has managed to improve its stock price in 2016, it’s still been a rough slide from last year’s peak.

KMX Chart

read more