CVNA News and Press, Carvana Co. Class A From 06/08/23

2023-06-08 16:02:54 ET Shares of heavily-shorted Carvana ( NYSE: CVNA ) rocketed over 50% higher on Thursday after offering an upbeat Q2 forecast . The beleaguered online auto seller said it now expects to achieve adjusted EBITDA above $50M in Q2 and boosted its adju...

2023-06-08 15:53:06 ET Summary I hold a more positive view on Carvana Co. than many investors. Here I explain my changing investment theses with time. Calling the decline in Carvana Co. stock as well as calling the bottom. I then explain the core of the bull thesis. Carvana's ...

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 t...

2023-06-08 13:33:32 ET Some of top gainers in the consumer sector in early afternoon trading on Thursday were stocks with a higher than average level of short interest outstanding on them. Carvana ( NYSE: CVNA ) popped 42.43% after management issued a positive guidance updat...

2023-06-08 13:28:07 ET Carvana (NYSE: CVNA) stock took off like a rocket early Thursday morning, rising 22.7% through 9:45 a.m. ET, after the company announced a revised -- and improved -- forecast for the second quarter of 2023. Specifically, Carvana said it expects to earn mor...

Carvana Co. (NYSE: CVNA) is one today's most active stocks by volume. So far today, approximately 85.89M shares of Carvana Co. have been exchanged, as compared to an average 30-day volume of 18.63M shares. Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying ...

2023-06-08 11:35:20 ET Carvana Co ( NYSE: CVNA ) jumped nearly 30% this morning after the used car retailer updated its guidance for the current quarter that came in well ahead of Street estimates. Here’s what Carvana forecasts for its fiscal Q2 For Q2, the Tempe-head...

2023-06-08 09:12:59 ET The stock market has been relatively quiet over the past days, as market participants seem content to digest the big gains that major market benchmarks have seen in recent weeks. The big upward move has some believing that we're on the cusp of a new bull market, while...

2023-06-08 08:24:31 ET Carvana ( NYSE: CVNA ) shares surged more than 30% after the company enhanced its Q2 guidance ahead of the William Blair 43rd Annual Growth Stock Conference. For Q2, the company now expects to achieve adjusted EBITDA above $50M (prior positive adjust...

The Nation’s Largest Online Used Auto Retailer Announces It Expects To Achieve Adjusted EBITDA above $50 Million and Total Gross Profit Per Unit above $6,000 in Second Quarter 2023 Carvana CEO to Present Updated Outlook Later Today During William Blair Growth Stock Conference ...