Activist investor Starboard Value is suggesting that CarMax clip a few hundred bucks off its prices and shift to more dynamic pricing in order to make it more competitive for market share.

KMX looks more attractive now as it offers scale and a profitable finance arm and engages in buybacks, while rival CVNA ...

Starboard Value LP has amassed a stake of about $350 million in CarMax Inc. and sees an opportunity to accelerate the used car retailer’s turnaround under incoming Chief Executive Officer Keith Barr.

Starboard Value pressures CarMax (KMX) to cut costs, revamp pricing, and streamline digital sales, nominating 2 directors.

CarMax shares rose in premarket trading after activist investor Starboard Value disclosed a $350 million stake and nominated ...

Activist investor Starboard ⁠Value ⁠on Wednesday urged ⁠CarMax to revamp its digital car-buying ​and selling platform and tighten costs, arguing the used-car ‌retailer has "fallen well short ‌of its ...

Check out the companies making headlines before the bell. Oracle — Oracle shares jumped more than 9% after the cloud infrastructure company gave strong fiscal third quarter results and lifted its ...

Starboard Value invests $350M in CarMax (KMX) stock, nominating two directors and pushing for cost cuts worth $300M. KMX down 42% in 12 months.

Starboard Value has taken a stake in CarMax and nominated two directors to ​its board, urging the used car retailer to improve the experience ‌of its digital users, cut costs and change its pricing ...

Selling a car can be a stressful and intimidating task, but understanding your optionscan simplify the process. Whether you need quick cash, want to maximize your car's value, or prefer a ...

CarMax expands its customer reach with the launch of a ChatGPT app, marking the first such offering by a U.S. auto retailer ...

CarMax is facing a costly reckoning after federal civil-rights enforcers accused the company of seizing vehicles from ...