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News  ›  GlobeNewswire Inc.

KMX STOCK: Lose Money on Your CarMax, Inc. Investment? Contact BFA Law about the Pending Securities Class Action before January 2 Deadline

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bleichmar Fonti & Auld Llp
KMX STOCK: Lose Money on Your CarMax, Inc. Investment? Contact BFA Law about the Pending Securities Class Action before January 2 Deadline

CarMax faces a securities fraud lawsuit after reporting significant sales declines and an unexpected CEO departure, with stock dropping over 20% following disappointing financial results.

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KMX   negative

Stock experienced substantial price decline (20% drop), reported sales declines across retail and wholesale units, unexpected CEO departure, and facing a class action lawsuit alleging securities fraud