Why CarMax Stock Gained 37% in April

CarMax (NYSE: KMX) stock outperformed a strong market last month by rising 37% compared to a 13% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.

The rally didn't erase wider shareholder losses, though, as the stock remains lower by 19% so far in 2020.

Image source: Getty Images.

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Source Fool.com