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On Wednesday, shares of Karooooo Ltd (Symbol: KARO) fell below their 200-day moving average of $48.11, reaching a low of $47.00 per share, representing a decline of approximately 16.4% on the day.
KARO’s 52-week range shows a low of $35.88 and a high of $63.36, with the last trade recorded at $47.14.
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