CVNA News and Press, Carvana Co. Class A From 07/20/23

2023-07-20 11:21:32 ET Summary Carvana has become a ten-bagger, rising more than 1,100% since the beginning of the year. Although many shorts and Carvana bears are attributing these massive gains to the effect of a short squeeze, I believe credit should be given where it is due. ...

2023-07-20 10:55:00 ET It's only July, but it seems fair to call Carvana (NYSE: CVNA) the comeback stock of the year. Shares of the online used car dealer, which seemed to be heading toward bankruptcy at the beginning of 2023, are now up 980% year to date after the company solid...

2023-07-20 09:50:11 ET Carvana ( NYSE: CVNA ) slipped nearly 5% on Thursday morning as RBC Capital Markets downgraded the shares. The used car seller reported better Q2 results and debt restructuring on top of new access to equity capital reducing liquidity risks, but that w...

2023-07-20 09:43:54 ET Summary Carvana's stock has risen almost 100% over the last 30 days and close to 30% in Wednesday's trading, following a restructuring of its capital structure. The restructuring includes an equity issuance of up to 35M shares or up to $1B in value, and the ...

2023-07-20 09:11:40 ET Summary Carvana shares rose by 40.2% on July 19th after it announced better-than-expected Q2 2023 results and a significant debt restructuring initiative. However, its future remains uncertain due to high debt levels and weak profitability. Carvana's restruc...

2023-07-20 08:31:00 ET Shares of online auto-dealer Carvana (NYSE: CVNA) have seen parabolic returns this year. As of this writing, the company's shares have risen over 1,000% year to date. Some of this gain was fueled by a big jump in the share price this week as the company re...

2023-07-20 06:05:00 ET Online used car retailer Carvana (NYSE: CVNA) is taking advantage of a soaring stock price to temporarily alleviate some pressure from its mountain of debt. Along with its second-quarter report on Wednesday, the company announced a complex debt restructuring d...

2023-07-19 16:06:00 ET Shares of Carvana (NYSE: CVNA) were up by 40.4% as of the close of trading Wednesday, according to data provided by S&P Global Market Intelligence , after the online used car dealer announced better-than-feared second-quarter 2023 results and a favorab...

Carvana Co. (NYSE: CVNA) is one today's most active stocks by volume. So far today, approximately 81.24M shares of Carvana Co. have been exchanged, as compared to an average 30-day volume of 38.97M shares. Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying ...

2023-07-19 11:54:45 ET S3 Partners Research updated on Wednesday on the short interest backdrop in the U.S. Auto & Truck manufacturing sectors. Ihor Dusaniwsky noted short interest on automaker names is at $43.6B, with about $33.3B of that tally in electric vehicle stocks. The largest s...