CarMax faces securities fraud investigation after stock drops 15% on earnings call news

Pomerantz LLP is investigating CarMax and its executives for potential securities fraud following a sharp 15% drop in the company's stock price. The decline occurred after CarMax reported its Q4 and fiscal 2026 results, which met or exceeded expectations, but management revealed plans to lower used car prices and accept more customers with lower credit scores due to an auto industry affordability crisis. This investigation could lead to a class action lawsuit if wrongdoing is found. Investors affected are advised to contact Pomerantz LLP for more information.