Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. for securities fraud following a significant drop in stock price due to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - Investors have until January 2, 2026, to request to lead the case in the U.S. District Court for the District of Maryland [3]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. Group 2: Company Performance - CarMax reported disappointing financial results for Q2 of fiscal year 2026, with a 5.4% decline in retail used unit sales, a 6.3% decline in comparable store used unit sales, and a 2.2% decline in wholesale units [6]. - The net income for Q2 was approximately $95.4 million, down from $132.8 million in the previous year [6]. Group 3: Stock Price Impact - Following the financial results announcement on September 25, 2025, CarMax's stock price fell by $11.45 per share, or about 20%, from $57.05 to $45.60 [7]. - The unexpected departure of CEO Bill Nash on November 6, 2025, and a weak preliminary Q3 outlook led to an additional stock price drop of over 24% [7]. Group 4: Market Context - CarMax had previously promoted strong demand for its vehicles, which was allegedly inflated by a temporary surge in purchases before U.S. tariffs were imposed [4].

Core Viewpoint - Investors with significant losses in CarMax, Inc. have until January 2, 2026, to file lead plaintiff applications in a securities class action lawsuit due to alleged failure to disclose material information during the Class Period from June 20, 2025, to November 5, 2025 [1][3]. Summary by Sections Lawsuit Details - CarMax and certain executives are accused of violating federal securities laws by not disclosing important information during the Class Period [3]. - The lawsuit is identified as Cap v. CarMax, Inc., No. 25-cv-03602 [4]. Financial Performance - On September 25, 2025, CarMax reported a 5.4% decrease in retail unit sales, a 6.3% decrease in comparable store unit sales, and a 2.2% decrease in wholesale units [3]. - The net earnings per diluted share were reported at $0.64, down from $0.85 a year ago [3]. Market Reaction - Following the financial results announcement, CarMax's share price dropped by $11.5, or 20.07%, closing at $45.60 per share on September 25, 2025 [4].

Group 1 - CRH Plc, Carvana Co., and Comfort Systems USA Inc. will be included in the S&P 500 index during the quarterly rebalance at the end of December, replacing LKQ Corp., Solstice Advanced Materials Inc., and Mohawk Industries Inc. [1] - Carvana's stock has surged approximately 10,000% from a low of less than $4 in 2022 to around $400 per share, driven by cost-cutting efforts and debt restructuring, with a record sale of about 156,000 vehicles in the most recent quarter [2] - Companies must have a market capitalization of at least $22.7 billion and meet specific profitability, liquidity, and share-float standards to qualify for the S&P 500 [3] Group 2 - Analysts predicted that Carvana, CRH, and Comfort Systems were strong candidates for S&P 500 inclusion, with Carvana's shares rising nearly 100% this year [4] - Stock price increases following inclusion announcements are often short-lived, as demand subsides quickly after the initial surge, although such announcements are significant due to the popularity of index-tracking funds [5]

Core Viewpoint - A class action securities lawsuit has been filed against CarMax, Inc. alleging securities fraud that affected investors between June 20, 2025, and November 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that defendants made false statements regarding CarMax's growth prospects, suggesting that earlier growth was a temporary benefit due to speculation about tariffs [2]. - It is alleged that the statements made by defendants about CarMax's business and operations were materially false and misleading, lacking a reasonable basis [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until January 2, 2026, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

Core Viewpoint - Rosen Law Firm is encouraging investors of CarMax, Inc. to secure counsel before the January 2, 2026 deadline for a securities class action lawsuit related to the company's misleading statements during the class period from June 20, 2025, to November 5, 2025 [2][6]. Group 1: Class Action Details - Investors who purchased CarMax securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [3]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by January 2, 2026 [4][6]. - The lawsuit alleges that CarMax's management made materially false statements regarding the company's growth prospects, which were based on temporary market conditions rather than sustainable business performance [6]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [5]. - The firm has been consistently ranked among the top firms for securities class action settlements, recovering hundreds of millions of dollars for investors [5]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in representing shareholder interests [5].

Core Viewpoint - AutoNation (AN) shares have performed strongly over the past year, with gains exceeding 20% despite challenges such as auto tariffs and high interest rates, indicating resilient demand for cars [1] Company Performance - AutoNation's business model is characterized as less cyclical than some may fear, which contributes to its strong performance in the current market environment [1] Market Conditions - The automotive market is currently facing challenges including tariffs and elevated interest rates, yet demand remains robust, suggesting a potential for continued growth in the sector [1]

Core Viewpoint - AutoNation (AN) shares have performed strongly over the past year, with gains exceeding 20% despite challenges such as auto tariffs and high interest rates, indicating resilient demand for cars [1] Company Performance - AutoNation's business model is less cyclical than some may fear, contributing to its strong performance in the current market environment [1] Market Conditions - The automotive market is currently facing challenges including tariffs and elevated interest rates, yet demand remains robust, suggesting a potential for continued growth in the sector [1]

Core Viewpoint - An amended securities class action lawsuit has been filed against CarMax, Inc., expanding the class period to include those who purchased CarMax securities between June 20, 2025, and November 5, 2025 [1] Allegations Against Defendants - The complaint alleges that during the class period, defendants made false and misleading statements regarding CarMax's growth prospects, claiming that earlier growth was a temporary benefit due to customer speculation about tariffs [2] - It is asserted that the positive statements made by defendants about the company's business and operations were materially misleading and lacked a reasonable basis [2] Lead Plaintiff Process - CarMax investors can seek to be appointed as a lead plaintiff representative of the class by January 2, 2026, or may choose to remain absent [3] - The lead plaintiff will act on behalf of all class members and select counsel to represent the class, with the ability to share in any recovery not affected by the decision to serve as a lead plaintiff [3] Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has recovered billions for victims of fraud and corporate misconduct [4]

Group 1 - Major earnings reports are scheduled for next week, including Broadcom and Costco on Thursday, and Adobe and Synopsys on Wednesday [1] - Tuesday is expected to be the busiest day with over 10 companies reporting, including AutoZone and Ferguson Enterprises [1]

Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. and certain senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1][2]. Group 1: Lawsuit Details - Investors have until January 2, 2026, to request to lead the case, which is pending in the U.S. District Court for the District of Maryland [2]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of CarMax investors [2]. Group 2: Company Performance and Stock Impact - CarMax reported disappointing financial results for Q2 FY 2026, including a 5.4% decline in retail used unit sales, a 6.3% decline in comparable store used unit sales, and a 2.2% decline in wholesale units [5]. - The company's net income for Q2 was approximately $95.4 million, down from $132.8 million the previous year, attributed to a "pull forward" in demand due to U.S. tariffs [5]. - Following the financial report, CarMax's stock price dropped by $11.45 per share, or roughly 20%, from $57.05 on September 24, 2025, to $45.60 on September 25, 2025 [6]. - An unexpected departure of CEO Bill Nash on November 6, 2025, and a weak preliminary Q3 2025 outlook led to an additional stock drop of over 24% [6]. Group 3: Company Background - CarMax is a leading retailer of used cars, emphasizing a seamless customer experience and strong demand for its vehicles [3]. - The law firm Bleichmar Fonti & Auld LLP, known for representing plaintiffs in securities class actions, is handling the lawsuit against CarMax [10].