Scalper1 News
Publicly traded auto dealerships have been on a roll for many months, but they’ve hit a pothole in recent weeks and may be running out of gas. The latest breakdown was CarMax (KMX), which dropped more than 9% in huge volume Tuesday after reporting disappointing earnings. Analysts said the company was hurt by tighter lending standards. The stock has dropped further since and now trades below its 200-day moving average. The company said the Scalper1 News
Scalper1 News