Copart Stock Holds Up as Nasdaq Drops. What Traders Are Watching Now
Copart Inc shares rose 0.6% to $30.96 Friday, bucking a broad market selloff that saw the Nasdaq drop 4.18%. About 12.4 million Copart shares traded. The stock remains down 20.92% for the year and near a 52-week low. Copart’s fiscal Q3 report showed revenue up 2.1% to $1.2 billion and net income down 1% to $402.4 million.