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CarMax Climbs, Adtran Sinks as Investors Watch Earnings

Dan Caplinger, The Motley Fool
Updated ·3-min read
CarMax Climbs, Adtran Sinks as Investors Watch Earnings

Investors have paid a lot of attention to macroeconomic data lately, and Wednesday morning's release of March inflation data has become the focal point in the future direction of the stock market. CarMax (NYSE: KMX) and Adtran (NASDAQ: ADTN) gave investors some information about how their respective quarters went, and the two stocks moved in opposite directions as shareholders reacted. Shares of CarMax rose 6% in premarket trading on Tuesday morning.

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