23 02, 2024

Carvana Skyrockets 38% on Improved Earnings and Optimistic Guidance, But It’s Still Not Time to Buy

By |2024-02-23T17:54:57+00:00February 23rd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Carvana (CVNA) jumped 38% Friday morning after the online car retailer delivered a pleasant surprise in its Q4 earnings. While the company is still losing money, it’s slowly but surely becoming more profitable - and there’s reason to be optimistic about the road ahead. The company reported revenue of $2.4 billion, falling just shy [...]

19 07, 2023

Carvana’s Debt Restructuring and Earnings Results Boost Shares 35%: Is the Stock Worth Buying Now?

By |2023-12-07T20:46:07+00:00July 19th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , |

Carvana (CVNA) just fueled up and is on the road to better days ahead. After falling below $4/share earlier in January of this year, the stock is back up to where it once sat at $53/share. We’ve witnessed an impressive 141% turnaround in the last year, and nearly 35% of that came just this [...]

9 06, 2023

Is Carvana’s Upbeat Outlook Enough to Earn the Stock a Spot in Your Portfolio? 3 Things to Consider

By |2023-12-07T20:50:21+00:00June 9th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , |

Carvana (CVNA) is revving up its engines, ready to leave the competition - and all the recent short sellers - in the dust. The virtual car dealer has painted a bullish outlook for the second quarter of 2023 that has investors in a frenzy, driving share prices more than 60% higher yesterday. But what [...]

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