Copart Inc. (CPRT) reported fourth quarter EPS of $0.41 after the bell Wednesday, which fell short of the consensus estimate of $0.43.
Copart Inc. gapped down Thursday and declined further around midday. The stock closed lower by $5.62 at $32.62 on the highest volume of the year. Copart dropped to over a 2-month low and fell below its 50-day moving average.
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