Published on 4 Oct 2021 on Simply Wall St. via Yahoo Finance
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But its virtually certain that sometimes you will buy stocks that fall short of the market average returns. Unfortunately, that's been the case for longer term KAR Auction Services, Inc. (NYSE:KAR) shareholders, since the share price is down 71% in the last three years, falling well short of the market return of around 61%.
Although the past week has been more reassuring for shareholders, they're still in the red over the last three years, so let's see if the underlying business has been responsible for the decline.
See our latest analysis for KAR Auction Services