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2024-03-09 09:00:00 ET Summary The U.S. Bureau of Labor Statistics will release the Consumer Price Index data next week, on Tuesday at 8:30 a.m., with expectations of high inflation rates. Federal Reserve Chair Jerome Powell ruled out interest rate hikes, benefiting stock markets....
2024-03-08 12:32:25 ET Investors in online used car superstore Carvana (NYSE: CVNA) are having kind of a terrific day on Friday. Investment bank RBC Capital Markets just doubled its price target on Carvana shares to $90 per share, and removed its sell rating on the stock, rerati...
2024-03-08 08:30:58 ET RBC Capital has run out of reasons to remain bearish on Carvana ( NYSE: CVNA ), reflecting on the company’s ability to access capital with a higher share price and “clear improvement in the unit economics [that] has simply taken most risks off th...
2024-03-05 13:44:19 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Penny stock rallies can be ferocious. At the beginning of 2023, Carvana (NYSE: CVNA ) stock was trading below $5. Currently, CVNA stock trades at $83. Of course, not all penny...
2024-03-05 12:09:37 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Even though the Fed’s interest rate hikes flushed a lot of losers out of the market since 2022, a handful of stocks to short remain, against all odds. These three companies are pure prod...
Carvana Co. (NYSE: CVNA) is the focus of IBN's latest stock spotlight. The company's shares have moved -3.61% on the day to $78.6. Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. The company's platform allows c...
2024-03-05 07:57:05 ET Summary New York Community Bancorp's stock price has dropped over -20% on March 4, bringing its year-to-date performance to -71%. Banks generally rely on stakeholder faith, good management, and liquidity to be successful, but these main pillars are crumbling...
2024-03-02 14:33:00 ET To say that Carvana (NYSE: CVNA) shareholders have had a bumpy ride would be putting it lightly. The online used car retailer saw its shares skyrocket in the first four years after it hit the public markets in 2017, with the market cap reaching $31 b...
2024-03-01 09:15:00 ET With the major indices hitting fresh all-time records, investor optimism appears higher than ever before. This has created a favorable environment in which some of the most volatile stocks are soaring. Just look at Carvana (NYSE: CVNA) . Shar...
Carvana Co. (NYSE: CVNA) is the focus of IBN's latest stock spotlight. The company's shares have moved 3.88% on the day to $78.4. Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. The company's platform allows cu...
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2024-07-27 17:18:00 ET CarMax (NYSE: KMX) is a giant in the used car market, but the industry remains highly fragmented market with around 18,000 dealers. That has left an opening for Carvana (NYSE: CVNA) to quickly build a business that relies heavily on online sales. Carva...
2024-07-26 03:18:00 ET Many growth stocks have been flying high over the past year, thanks in large part to the growing excitement around artificial intelligence, crypto, and tech in general. But that means prices are high and buying stocks near or at their peaks could mean investors ...
EV Category is attracting buyers of all ages and income levels Carvana, an industry pioneer for buying and selling used cars online, today released an EV Trends Report for Q2 2024. The report focuses on the evolving profile of the used EV buyer, highlighting the category’s in...