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

2023-06-23 13:59:01 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips On yet another down day in the market, investors may not be surprised to see some red on the screen. However, for investors in online car retailer Carvana (NYSE: CVNA ), todayȁ...

2023-06-23 11:12:16 ET As Wall Street approaches the midpoint of 2023, many mid-cap stocks have provided investors with sizable returns. Of the roughly 1,000 mid-cap stocks available for investors, 101 of them have returned 50% or more since the end of 2022. This includes several ralli...

2023-06-23 09:42:05 ET Summary Root stock has soared recently due to reports of a potential acquisition by Embedded Insurance, but the deal remains uncertain. Root has struggled financially, with declining revenues, increasing losses, and weak financial strength compared to compet...

2023-06-22 15:12:00 ET Today, we’re diving into the world of short-squeeze penny stocks . This is a topic that’s been making headlines and for good reason. But before we get into the nitty-gritty, let’s start with the basics. What is Shorting? Shorting, or s...

2023-06-22 12:14:19 ET The major market averages trade significantly higher on the year as investors approach the halfway point of 2023. However, not every stock finds itself on easy street with some market participants shorting popular names. As a frame of reference, short interest ref...

2023-06-22 08:35:45 ET Car insurer Root ( NASDAQ: ROOT ) jumped 40% in premarket trading after a report of a takeover approach on Wednesday sent the shares surging 60%. Closely held Embedded Insurance has made multiple approaches and offered $19.34 a share for Root...

2023-06-20 13:13:00 ET We're nearly halfway through this year and Carvana (NYSE: CVNA) has outperformed nearly every other stock on the market so far. The online used car dealer is up 434% through June 16. That's mostly a function of the e-commerce stock entering the year wi...

2023-06-20 12:08:43 ET Summary Carvana's stock price surged by over 50% after a press release and presentation at the William Blair Annual Growth Stock Conference, but the forecasted 20% boost in gross profit is likely a one-time event due to a timing issue in loan sales. Despite ...

2023-06-16 07:33:16 ET Carvana’s ( NYSE: CVNA ) 150% surge in the past month, bolstered by a bullish guidance update , was not enough to inspire confidence in the stock at Bank of America. Equity analyst Nat Schindler shifted from a prior Neutral rating to No Rari...

2023-06-15 14:31:41 ET Shares of Carvana (NYSE: CVNA) were revving higher again this week after the momentum from last week's strong second-quarter guidance continued. The stock rose even in the face of an attack from short-seller Kerrisdale Capital, and an extended short squeeze al...