KMX Tumbles After Earnings & TSLA Cybertruck Ramp-Up Has Been Slow

CarMax (KMX) tumbles after a double miss on earnings. Garrett Nelson discusses this as CFRA cuts CarMax’s price target from $75 to $70 and maintains a hold rating. He also talks about Telsa (TSLA) and how it’s to unveil its robotaxi on August 8th. Tom White then joins to demonstrate a bullish example trade using CarMax and a neutral to bullish trade using Tesla. Tune in to find out more about the stock market today.

Morning Trade Live

11 Apr 2024

SHARE

Schwab Network's Newsletters

Daily insights for every investor