Shares of CarMax Inc. /zigman2/quotes/204412041/composite KMX -1.77% slumped 0.89% to $148.81 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.22% rising 0.72% to 4,682.85 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.19% rising 0.50% to 36,100.31. This was the stock's third consecutive day of losses. CarMax Inc. closed $7.17 below its 52-week high ($155.98), which the company reached on November 8th.
The stock underperformed when compared to some of its competitors Friday, as Copart Inc. /zigman2/quotes/200378896/composite CPRT -1.80% rose 2.27% to $155.65, AutoNation Inc. /zigman2/quotes/208363778/composite AN -2.12% rose 2.99% to $128.68, and Penske Automotive Group Inc. /zigman2/quotes/209561848/composite PAG -0.23% rose 1.04% to $112.16. Trading volume (644,919) remained 488,015 below its 50-day average volume of 1.1 M.