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

Largest Online Used Auto Retailer in U.S. Becomes First to Offer Same Day Car Buying Experience Carvana, an industry pioneer for buying and selling used cars online, is the first used auto dealer to provide select customers in Indiana with the speedy and convenient service of online purch...

In addition to previously announced $225 million raised in at-the-market offering, Carvana has raised $126 million from the Garcia Parties Carvana Co. (NYSE: CVNA) (“Carvana” or the “Company”), the fastest growing used car dealer in U.S. history, today announ...

2023-08-21 05:22:01 ET Summary Management has now said that the convertible bondholders have asked about exercising their options, implying up to 20% dilution is on the table. I am not as concerned about it; a lot of it should already be priced in. Even focusing on the intrins...

2023-08-17 09:51:18 ET Summary Retail data in the U.S. is exceeding expectations, boosting the economy despite inflation and global economic challenges. The current landscape, however, isn't benefitting all retailers equally. Major retailers have had mixed performance in Q2, w...

2023-08-16 06:25:04 ET Online auto retailer Carvana ( NYSE: CVNA ) debuted its newest Car Vending Machine in Hollywood, Florida on Wednesday, near Miami-Dade and Fort Lauderdale. The state-of-the-art steel and glass structure stands eight stories tall with a 27-vehicle ca...

Online Auto Retailer Debuts 38th Car Vending Machine in U.S., Fifth in Sunshine State Carvana , an industry pioneer for buying and selling used cars online, debuted its newest iconic Car Vending Machine in Hollywood, Florida today, near Miami-Dade and Fort Lauderdale. The state-of-the...

2023-08-15 15:30:00 ET Summary Hims & Hers Health, Inc. posted strong quarterly results, beating Q2 expectations and raising its full-year revenue guidance. The company has tremendous potential to revolutionize the healthcare industry with its value proposition and disruptive ...

2023-08-14 17:54:34 ET 3G Capital Partners, the investment firm co-founded by Brazilian billionaire Alexandre Behring, disposed off its stake in chip giant NVIDIA ( NASDAQ: NVDA ) in Q2 2023, while taking new positions in several companies including user car seller Carvana ( ...

High-Profile Talent Debut Carvana Partnership With First National Integrated Ad Campaign Carvana, an industry pioneer for buying and selling used cars online, today announced the launch of its new creative campaign, featuring one of Hollywood’s most charismatic couples, Kristen Bel...

2023-08-14 07:30:00 ET Shares of Carvana (NYSE: CVNA) cratered in 2022, finishing last year down 98%. This continued a slide that started after the stock hit its all-time high in August 2021. But this year has been a wildly different story with shares up a whopping 762...