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CarMax

CarMax joins Carvana in 2022 used vehicle woes as profits fall...

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CarMax has announced cuts to hiring and stock buybacks in an effort to recoup from a devastating third quarter. The company suffered an 86% profit...
Carvana

Carvana shows growth but takes a financial loss on Q3 2021...

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Growing sales and great profit margins weren’t enough to push Carvana into the black through the third quarter of 2021. In the shareholder letter...
hurricane florence

Hurricane Florence Hits the Southeast: What Can We Expect for the...

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The past few weeks have been a rollercoaster when it came to tracking Hurricane Florence’s arrival to the lower Southeast of the United States....