Copart Inc. Stock Advances 5.6%, Outperforms Peers

Dow Jones10-16

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

Shares of Copart Inc. rallied 5.6% to $27.75 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,744.06 and the Dow Jones Industrial Average rising 1.1% to 52,177.69.

The stock's rise snapped a four-day losing streak.

Copart Inc. closed 39.5% below its 52-week high of $45.89, which the company achieved on October 21st.

The stock outperformed some of its peers, as Carvana Co. Cl A rose 4.6% to $60.62, O'Reilly Automotive Inc. rose 2.1% to $88.50, and CarMax Inc. rose 5.62% to $52.62.

Trading volume totaled 14.5 million, compared to the 50-day average of 10.0 million.

Data source: Dow Jones Market Data, FactSet

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