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CarMax drops as tariff-fueled pull-forward effect hurt comparable sales

Stock slid 10% in premarket trading

Bloomberg News

CarMax Inc. shares plunged premarket after the company reported a surprise drop in comparable sales, as buyers had rushed to purchase vehicles in the previous quarter ahead of a tariff on imported cars. The stock slid as much as 10% in premarket trading Thursday. The used car retailer’s shares had tumbled 30% this year through […]

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