The Hidden Reason Copart's Shares Soared in July

Shares of online salvage auctioneer Copart (NASDAQ: CPRT)'s shares were up 12% for July, according to data from S&P Global Market Intelligence.

The stock saw its biggest gain -- of between 6.2% -- between July 13 and 14, despite announcing no news of significance. The S&P 500 only rose 2.3% during those two days, and was up just 5.5% for the month.

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Source Fool.com