Stock market abnormal movement | First quarter performance better than expected, CarMax (KMX.US) rises over 6%

According to the Wise Finance APP, on Friday, CarMax (KMX.US) rose over 6%, reaching $68.61. On the news front, the company reported better-than-expected first-quarter earnings, with the used car retailer reporting quarterly earnings per share of $1.38 as of May 31, higher than the previous year's $0.97 and above the FactSet survey consensus of $1.16. Sales and revenue increased by 6.1% to $7.55 billion, slightly higher than Wall Street's expected $7.5 billion.