After record sales, murky forecast sinks Carvana’s stock
Shares of Carvana tumbled some 20% after hours on Wednesday, after the online used-car retailer’s outlook for the year ahead…
Tag: Carvanas
Carvana’s Red-Hot Growth Runs on a Cycle of Borrowed Money
Attacks from short sellers and the collapse of auto lender Tricolor haven’t slowed down America’s most valuable used-car retailer. www.bloomberg.com…
Carvana’s stock zooms to record, longest winning run as S&P 500 inclusion is within sight
The online used-car retailer’s stock has gained nearly 50% over a 12-day winning streak, and is aiming for an all-time…
How Carvana’s same-day car deliveries have become the company’s secret weapon
Carvana shows another sales beat and set its sights on same-day deliveries to keep on going. www.marketwatch.com #Carvanas #sameday #car…
Carvana’s stock is falling, and Amazon is to blame
Hertz and Amazon’s used-car partnership touts convenience, which strikes at the heart of Carvana’s business model. www.marketwatch.com #Carvanas #stock #falling…
Carvana’s Top Shareholder Files to Sell $245 Million in Stock
Carvana Co.’s largest shareholder, Ernie Garcia II, who is also the father of the auto retailer’s founder and chief executive…