Copart Inc. Stock Sheds 3.8%, Underperforms Peers

Dow Jones09-18 04:35

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Copart Inc. slipped 3.8% to $29.66 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.1% to 7,637.76 and the Dow Jones Industrial Average rising 0.6% to 51,778.04.

This was the stock's third consecutive day of losses.

Copart Inc. closed 37.6% below its 52-week high of $47.56, which the company achieved on September 17th.

The stock underperformed when compared to some of its peers, as Carvana Co. Cl A rose 0.7% to $65.84, O'Reilly Automotive Inc. rose 1.4% to $84.89, and CarMax Inc. fell 0.71% to $58.38.

Trading volume totaled 9.3 million, compared to the 50-day average of 10.9 million.

Data source: Dow Jones Market Data, FactSet

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