Why America's Car-Mart Stock Crashed on Thursday
America's Car-Mart (NASDAQ: CRMT) stock tumbled 11.3% through 12:40 p.m. ET Thursday afternoon despite reporting positive fiscal Q4 profits of $1.26 per share on $370.2 million in quarterly sales.
Analysts had only expected the used car service to earn $0.86 per share for the quarter, so you'd think this would be taken as good news -- but investors seem to disagree.
Image source: Getty Images.
Source Fool.com
