Movers: CarMax, PG&E, Albertsons, Chegg, HP Entp, Starbucks
- Barry Adams
- U.S.A. New York City
CarMax fell 9% and extended YTD loss to 26% after the used-car retailer missed sales estimates. Average car price jumped 40%. PG&E rose after it agreed to a $55 million settlement for two fires in Northern California. Albertsons sank 7% despite beating earnings estimates. Chipotle rose but Chegg, HP Enterprise, Starbucks, and Cisco fell on negative broker comments.
Annual Returns
| Company | Ticker | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| CarMax Inc | KMX | 10% | 16% | -49% |
| Chegg Inc | CHGG | -70% | -59% | -10% |
| Starbucks Corporation | SBUX | 0% | -3% | -16% |
| Hewlett Packard Enterprise Company | HPE | 16% | 5% | 3% |