CVNA News and Press, Carvana Co. Class A From 05/08/23

2023-05-08 17:57:00 ET Shares of Carvana (NYSE: CVNA) were surging for the second session in a row as a short squeeze in the aftermath of last Thursday's earnings report seemed to carry the stock higher again. Carvana stock closed up 26.1% on Monday, building on momentum from la...

2023-05-08 14:57:10 ET Summary Carvana's balance sheet continues to get worse. Company debt exchange isn't progressing as hoped. Profitability hopes could be dashed if the US sees a recession. Last Friday, one of the market's biggest winners was Carvana ( CVNA )....

2023-05-08 11:03:34 ET Carvana (NYSE: CVNA) stock jumped higher after the company made progress in reducing inventory, raising cash, and generating more gross profit per car sale. Fool.com contributor and finance professor Parkev Tatevosian discusses whether Carvana's stock price in...

2023-05-08 09:00:00 ET Summary Q1 results show that adjusted EBITDA margins have improved, but the company still can't cover OPEX and burns a large amount of cash. CVNA's current ratio seems healthy, but I believe the company is just burning through inventory and won't be able to ...

2023-05-08 06:42:12 ET Bank of America thinks the Carvana ( NYSE: CVNA ) turnaround story may be picking up steam, although the debt load piece still casts a long shadow. Analyst Nat Schindler noted that Carvana's ( CVNA ) effective cost-cutting measures helped the auto reta...

2023-05-06 08:05:00 ET Online used car retailer Carvana (NYSE: CVNA) made progress in the first quarter, bringing down inventory levels, boosting gross profit per vehicle sold, and inching toward profitability. There's no denying that. But the company's Q2 outlook, and the ...

2023-05-05 17:54:36 ET Bouncing back after losses posted earlier in the week, U.S. stocks soared on Friday, helped by Apple earnings and a strong jobs report. The Nasdaq led the advance, climbing by 2.3%. Earnings news continued to provide a critical catalyst for individual stocks. Carv...

2023-05-05 17:28:00 ET Shares of Carvana (NYSE: CVNA) pulled back again in April after the volatile online used car dealer continued to negotiate with its bondholders, and the economy showed signs of risk from the banking crisis and rising interest rates. According to data from ...

Carvana Co. (NYSE: CVNA) is one today's most active stocks by volume. So far today, approximately 57.64M shares of Carvana Co. have been exchanged, as compared to an average 30-day volume of 9.35M shares. Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying a...

2023-05-05 13:00:37 ET Carvana’s ( NYSE: CVNA ) stock’s surge after a better than feared earnings print and projection of an adjusted EBITDA profit in Q2 is attracting wary reviews from sell-side analysts. Shares of the Phoenix-based auto retailer ripped ...