Why Copart Stock Jumped 23% Last Month
Copart(CPRT) The Motley Fool·2024-12-05 14:43Shares of vehicle salvage company Copart (CPRT -1.21%) jumped 23.2% in November, according to data provided by S&P Global Market Intelligence. This company is one of the most consistent performers on the stock market, meaning its shareholders rarely sell. Even modestly positive news, therefore, can create far more buyers than sellers. And this seems to be what happened last month.On Nov. 21, Copart announced financial results for its fiscal first quarter of 2025, ended Oct. 31. Revenue was only up 12% year ...