The stock of beleaugured car seller Carvana (CVNA) – Get Free Report surged on Monday by as much as 33%. Some traders speculated that the rise was from a short squeeze. “Carvana is on an ...
Tag: Auto finance
Elon Musk Sounds the Alarm Over a Brewing Automobile Crisis
The auto sector is one of the victims of the aggressive interest rate hikes by the Federal Reserve to crush inflation, which is at its highest in 40 years. According to experts, this monetary policy ...
No Break For Carvana, the ‘Amazon of Used Cars’
Concerns are mounting around Carvana, the “Amazon of used cars.” The online car retailer was an investor darling during the pandemic. They hailed the new economy that wanted consumers to ...
Rout of Carvana, the ‘Amazon of Used Cars,’ Has No End
Concerns are mounting around Carvana, the “Amazon of used cars.” The company was an investor darling during the pandemic. They hailed the new economy that wanted consumers to buy everythi...