Text size Vehicle maker Rivian is one of the companies with battered share prices that is worth a look. Courtesy Rivian The 2022 tech-wreck bear market has popped a few bubbles. But it’s also created ...
Tag: CVNA
Dan Quayle Bought Up Carvana’s Slumping Stock
Text size Former Vice President Dan Quayle. Drew Angerer/Getty Images Carvana stock has slumped this year, and former Vice President Dan Quayle, who serves the used-car retailer as a director, bought ...
Vroom Stock Races Ahead After Earnings, CEO Switch and Turnaround Plan
Text size Courtesy of Vroom Vroom is poised to be one of the biggest winners of Tuesday’s volatile trading session, with the stock racing ahead after the company reported better-than-expected earnings...
Focus On Fundamentals In Stormy Markets: Johnson & Johnson (JNJ)
Building of the company Johnson and Johnson in the Juan Carlos I Business Park in Madrid, it is an … [+] American multinational of medical, pharmaceutical and perfumery products, Spain. (Photo b...
Carvana, Robinhood and Teladoc Stock Give Way to Old-School Rivals. Here’s When It Might Be Safe to Buy.
Text size Carvana’s stock has fallen nearly 80% in the past 12 months. Mark Ralston/AFP/Getty Images It’s new school versus old school, and the new school doesn’t stand a chance. No, we’re not talking...
Carvana Has a Difficult Uphill Climb After a Series of ‘Engine’ Problems
Last week, Carvana (CVNA) , the online used-car selling platform, released a terrible quarter. In a research note on Monday, J.P. Morgan called it “a confidence shattering quarter” and red...
Carvana to offer $2.275 billion in 8-year junk bonds to fund acquisition of Adesa’s auction business
Car selling platform Carvana Co. CVNA, -6.76% said Monday it is offering $2.275 billion in senior unsecured high-yield bonds that mature in 2030. The company will use the proceeds, along with $1 billi...
Carvana stock claws back despite ‘uniquely difficult environment’ that hit earnings
Shares of Carvana Co. were bouncing back in after-hours trading Wednesday after the used-car retailer admitted that both industry-wide and company-specific issues impacted its business in the first qu...
Carvana Stock Tumbles as Analyst Sees Risk of Car Boom Becoming Car Bust
Text size An eight-story car-vending machine, operated by Carvana, in Huntington Beach, Calif. Mark Ralston/AFP via Getty Images Car sales have are slowing after their pandemic-fueled boom and have le...
Opinion: Once richly valued, ‘unicorn’ startups are being gored and investors and funders have stopped believing
When Homer Simpson was asked, “How are we going to get out of this hole?,” he replied, “We’ll dig our way out!” Many people who find themselves in holes they can’t climb out of think that the solution...