Copart stock rises 1.47% but trails rivals in rough session

7 articles · Updated · MarketWatch · May 7

Shares closed at $33.88 as the S&P 500 fell 0.38% and the Dow dropped 0.63%; it was Copart's second straight daily gain.
Copart still lagged Carvana's 2.73% rise and CarMax's 1.22% gain, while O'Reilly Automotive slipped 0.21%.
The stock remains 46.94% below its 52-week high of $63.85 reached on May 16, and trading volume of 7.0 million was below its 50-day average.

Can Copart's big bets on AI and EVs reverse its current earnings slump and stock underperformance?

As the company buys back shares, why did Copart's CEO recently sell his own stock?

With the salvage market booming, why is industry leader Copart struggling with vehicle volume?