(Bloomberg) — The walls are closing in on online used-car dealer Carvana Co., whose disappointing quarterly results sent the stock into freefall Friday and triggered a string of warnings from an...
Tag: Carvana
Carvana stock tanked 20% on Friday: buy the dip?
Shares of Carvana Co (NYSE: CVNA) tanked more than 20% this morning after the used car retailer reported disappointing results for its fiscal fourth quarter. Should you buy Carvana stock? Last night, ...
Carvana Posts Wider Q4 Loss. Used Car Demand Tumbled.
Online used-car dealer Carvana (ticker: CVNA) missed fourth-quarter earnings and revenue expectations and announced plans to cut about $1 billion in costs over the next six months while improving cust...
Where Will Carvana Drive to Next After Earnings?
Carvana Co. (CVNA) is scheduled to report its fourth-quarter results after the close of trading here on Thursday. Let’s get out the owner’s manual and look up the charts and indicators of ...
Federico Staksrud Topples The GOAT At The Carvana Arizona Grand Slam Professional Pickleball Association Event
Federico Staksrud gave #1 Ben Johns his first singles loss of the season. (Photo From Sept 2022 APP … [+] Chicago Open by Michael Reaves/Getty Images) Getty Images Event #3 of the 2023 season of...
George Soros Snapped Up Tesla, Peloton, Crypto Stocks. What He Dumped.
Tesla and Peloton were on George Soros’s shopping list in the fourth quarter of last year, as he also took new positions in Carvana General Motors and crypto names, while dumping Zoom and Twitter Sor...
Carvana stock, heavily shorted, closes 6% higher after wild swing
Carvana’s (CVNA) stock closed 6% higher on Wednesday after soaring as much as 27% during the session, triggering a volatility halt. Shares of the online car retailer, which is at risk of bankrup...
Carvana stock, heavily shorted, spikes as much as 27%
Carvana’s (CVNA) stock was halted for volatility on Wednesday morning as it rose 27% before retreating. Shares of the online car retailer, which is at risk of bankruptcy, have gained more than 2...
Tesla Raised Model Y Prices. Why a Used One May Still Cost More.
Tesla just raised the price of its Model Y, but used car buyers looking for an electric vehicle in 2023 could end up paying more than the price of a new EV if they are not careful. Fluctuating pricing...
Carvana shares spike again, up 200% year-to-date
Carvana (CVNA) closed 5% higher after rallying as much as 33% on Thursday. Shares of the used car platform had rallied a total of 111% over the previous five sessions. Year-to-date the stock is up 200...
Carvana Stock Soars – TheStreet
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 ...
Stocks making the biggest moves midday: Carvana, AMD and more
Check out the companies making headlines in midday trading Monday. Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Colgate-Palmolive — Shares gained 2.8% aft...
Where Are Stocks, Bonds and Crypto Headed Next? Five Investors Look Into Crystal Ball
A new trading year kicked off just weeks ago. Already it bears little resemblance to the carnage of 2022. After languishing throughout last year, growth stocks have zoomed higher. Tesla Inc. and Nvidi...
Carvana stock soars in active trading to lead the NYSE’s gainers
Shares of Carvana Co. CVNA, +19.54% soared 20.8% in active afternoon trading Friday, enough to pace the New York Stock Exchange’s (NYSE) gainers list. Trading volume swelled to 28.6 million shares, al...
Carvana Stock Could Become a ‘More Compelling’ Buyout Target, but Not Just Yet, Says Oppenheimer
To stave off any hostile takeover bids, on Tuesday Carvana (NYSE:CVNA) announced it has gulped down what is referred to as the “poison pill.” The used car dealer put into action a tax asse...
Carvana stock jumps after ‘poison pill’ adopted, exercisable if an investor acquires at least 4.9% stake
Shares of Carvana Co. CVNA, +5.48% jumped 2.4% in premarket trading Tuesday, after the online used-car retailer said it adopted a shareholder rights plan, in an effort to block investors from buying u...
‘It’s Only Getting Worse’ For Carvana, Analyst Says
Wedbush analyst Kevin Merritt reiterated an Underperform rating on the shares of Carvana Co (NYSE: CVNA) with a price target of $1.00. Following recent data points, including CarMax Inc’s (NYSE:...
The Dramatic Fall of Carvana, “The Amazon of Used Cars”
It is a buoyant red in the portfolio of the shareholders of Carvana, the online used car platform. In one year, their shares have lost most of their value, no doubt giving them the impression that the...
Carvana Stock Dropped Almost 100% In 2022
| Getty Images Key Takeaways Yahoo Finance announced that Carvana had earned the dishonor of being the worst company of the year due to its financial difficulties. The largest creditors of Carvana hav...
Jimmie Johnson Book A “Labor Of Love” And A “Passion Project” For 7-Time NASCAR Champion
The cover of “ONE MORE LAP. Jimmie Johnson and the #48” Rizzoli Photo In the festive days leading into Christmas, Hannukah and the holiday season, one gift idea for both Nascar and IndyCar...
Carvana Close To Bankruptcy And Impact Of Rising Interest Rates Starting To Hit Home
Getty Images TL;DR The impact of rising interest rates is starting to hit home, with sectors that rely heavily on debt beginning to feel the impact of lower demand Used car retailer Carvana looks clos...
As Carvana Plunges, Consider These 5 Car Dealer Stocks
It was a bad week for Carvana —and a bad week for used-car dealers. But some auto-dealer stocks might still be worth buying. After falling almost 40% this past week, Carvana (ticker: CVNA) is off an i...
Carvana could run out of cash within months: analyst
The only thing Carvana may be delivering in the months ahead is more pain to investors. The online used car seller — a former pandemic darling that has now become one of the most hated stocks on Wall ...
Carvana Defiant in Face of Alarms About Possible Bankruptcy
Carvana undoubtedly is facing the biggest crisis in its 10 years of existence. For several weeks now the online car dealership has been the subject of speculation about its financial condition and th...
Is Carvana Going To Declare Bankruptcy?
Getty Images Carvana via Getty Images Key Takeaways Carvana is looking to be on the brink of bankruptcy, with yields on their corporate notes above 30% according to the Wall Street Journal. The stock ...
Carvana Shares Crash To All-Time Low—Here’s How Its 99% Drop Compares To Other Pandemic Darling Stocks
Topline Carvana shares plummeted 41% Wednesday to $3.95, down 99% from its all-time high of $370 just 16 months ago, the latest drastic indication of investors abandoning assets that skyrocketed durin...
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....