Why CarMax Stock Gained 11% in March

CarMax (NYSE: KMX) shareholders beat a rallying market last month. Their stock rose 11% in March compared to a 4.2% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.

The rally added to significant gains for the used car retailer, with shares up over 30% so far in 2021.

Image source: Getty Images.

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Source Fool.com