Lithia Motors: CarMax Woes and a $750M Buyback

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Lithia Motors stock plunges after CarMax's disappointing sales spark fears in the used-car market! Despite a recent $750 million share buyback program signaling confidence, Lithia faces investor uncertainty and a nearly 9% year-to-date stock decline. Is this a buying opportunity or a sign of deeper trouble ahead for the auto retailer? Hosted on Acast. See acast.com/privacy for more information.

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