Advertisement
Singapore markets close in 1 hour 9 minutes
  • Straits Times Index

    3,279.49
    -8.26 (-0.25%)
     
  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     
  • Hang Seng

    17,648.81
    +364.27 (+2.11%)
     
  • FTSE 100

    8,127.13
    +48.27 (+0.60%)
     
  • Bitcoin USD

    64,341.82
    +358.81 (+0.56%)
     
  • CMC Crypto 200

    1,388.67
    -7.87 (-0.56%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • Dow

    38,085.80
    -375.12 (-0.98%)
     
  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     
  • Gold

    2,356.70
    +14.20 (+0.61%)
     
  • Crude Oil

    84.01
    +0.44 (+0.53%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • FTSE Bursa Malaysia

    1,574.01
    +4.76 (+0.30%)
     
  • Jakarta Composite Index

    7,079.52
    -75.77 (-1.06%)
     
  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Why CarMax Stock Jumped on Tuesday

Why CarMax Stock Jumped on Tuesday

Shares of used car retailer CarMax (NYSE: KMX), which is the nation's largest retailer of used autos, are rising on Tuesday. The stock's gain follows the company's fiscal fourth-quarter update, which featured better-than-expected earnings per share, even as revenue fell sharply year over year. Further, the company reaffirmed its long-term vehicle unit sales and financial targets.