Why America's Car-Mart Stock Dropped, Then Popped Today

Investors in America's Car-Mart (NASDAQ: CRMT) may have experienced a few hours of panic Thursday morning. After the used car chain reported earnings for its fiscal 2022 third quarter Wednesday night, its stock opened Thursday's session down by nearly 13%.

That's the bad news. The good news is that all session long, America's Car-Mart has been regaining its lost ground and, as of 1 p.m. ET, it was well back in the green, and up by about 5%.

Image source: Getty Images.

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Source Fool.com