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 also pushed it higher.
As of 1:35 p.m. ET, the stock was up 41% for the week, according to data from S&P Global Market Intelligence .
The biggest news out on the stock last week, ironically, was the short-seller hit from Kerrisdale Capital.
For further details see:
Why Carvana Stock Was Surging Again This Week