2024-03-26 13:17:00 ET
Bullish sentiment has taken over Wall Street, as evidenced by both the S&P 500 and Nasdaq Composite index being in record territory. Even some businesses that have been labeled as riskier are seeing their share prices soar.
That's especially true with Carvana (NYSE: CVNA) . The online used car retail stock skyrocketed over 1,000% in 2023. It has continued its impressive run so far this year.
Before you buy the shares, which are still 77% below their peak price, here are three must-know facts about Carvana.
For further details see:
3 Must-Know Facts About Carvana Before You Buy the Stock