Carmax stock price surged intraday to $76

CarMax stock price surged intraday to $76.00 after the release of positive monthly vehicle wholesale clearance rates. This data supports projections of a steady gross margin, even amid challenging economic indicators. To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. It is “hard to believe they’re in the same industry,” the Morgan Stanley analysts said in a note Thursday. The CarMax stock price is consolidating around $75.00, with technical charts forming a symmetrical triangle pattern. This setup often precedes sharp direction moves, making it a focal point for active traders this week.