$11.1 Million Exit After a 39% Slide Signals a Hard Reset on This Auto Retailer

$11.1 Million Exit After a 39% Slide Signals a Hard Reset on This Auto Retailer

Key PointsCourant Investment Management sold all 247,520 shares of CarMax in the fourth quarter.The estimated trade size was $11.11 million.The CarMax position previously represented 8.8% of Courant’s AUM as of the prior quarter.These 10 stocks could mint the next wave of millionaires › On January 22, Courant Investment Management disclosed in a U.S. Securities and Exchange Commission (SEC) filing that it sold out its entire position in CarMax (…