Why Did Copart Stock Rise 10%?

CHINA - 2024/10/13: In this photo illustration, a Copart logo is displayed on the screen of an iPad. ... [+] (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesThe stock price of Copart (NASDAQ: CPRT), an online auto auction company, was up 10% on Friday, November 22. This can be attributed to the company’s upbeat quarterly results. Copart reported sales of $1.15 billion and earnings of $0.37 per share, compared to the consensus estimates o ...