Citi analysts on Tuesday started covering Carvana Co. and CarGurus Inc. stocks at the equivalent of a hold rating, saying the online car marketplaces stand to benefit from growing consumer desire for ...
Tag: CARG
Carvana rivals’ stocks plunge after earnings
While Carvana Inc. shares soared despite weaker-than-expected financial results last week, two of the online car-seller’s smaller rivals were not as fortunate Monday. CarGurus Inc. CARG, +0.12% and Vr...
Carvana stock soars to lead NYSE gainers on heavy volume
Shares of Carvana Co. CVNA, +24.43% soared 24.7%, enough to pace the New York Stock Exchange’s gainers, even though the online used-car retailer hasn’t released any news. Trading volume swelled to 33....