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home / news releases / CVNA - Why Carvana Stock Soared This Week

CVNA - Why Carvana Stock Soared This Week

Carvana Co. Class A

2023-06-08 15:08:21 ET

Shares of Carvana (NYSE: CVNA) were revving up once again this week, primarily on news that management now forecasts that the struggling online used car dealer's second-quarter adjusted earnings will come in above the analysts' consensus expectation.

For the week through 2 p.m. ET on Thursday, the stock was up 40.6%, according to data from S&P Global Market Intelligence .

Image source: Carvana.

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Why Carvana Stock Soared This Week
Stock Information
Company Name: Carvana Co. Class A
Stock Symbol: CVNA
Market: NYSE
Website: carvana.com
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