Copart (NASDAQ:CPRT) drops as CEO departure lands during Russell reshuffle
Copart, Inc. dropped 8.02% on Monday, finishing at $28.10 after the company announced CEO Jeff Liaw will leave at the end of July, with former chief Jay Adair coming back to take over. Shares closed just 3 cents off the day’s low, according to market data. The move left Copart trailing the Nasdaq Composite by around 10 points, as the index added 2.04%.
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