7 Consumer Discretionary Stocks Short Sellers are Betting Will Fall from Grace
- AI stocks, biotech stocks, and renewable energy stocks dominate the list of most shorted stocks, but there also many consumer discretionary stocks short sellers are betting against. There is an excellent reason for this.
- 04/08/2024
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Carvana, Vroom, BuzzFeed, Encore Wire - Getting Paid To Take Risks With Courage & Conviction Investing
- The market doesn't understand Carvana and Vroom, according to Courage & Conviction Investing. BuzzFeed's recent sale and balance sheet improvements make it an interesting investment opportunity.
- 04/04/2024
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4 Stocks with Surprisingly Large Short Interest
- As the overall market continues to break records and achieve new heights, speculation and optimism are rising. During such periods, stocks with unusually high short interest tend to outperform, as the overall market's strength and bullish sentiment can overwhelm the fundamental reasons that caused bears to initiate short positions.
- 04/03/2024
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Carvana Co. (CVNA) is Attracting Investor Attention: Here is What You Should Know
- Carvana (CVNA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 04/02/2024
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Is Carvana (CVNA) Stock a Solid Choice Right Now?
- Carvana (CVNA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 04/02/2024
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Carvana (CVNA) Stock Dips While Market Gains: Key Facts
- Carvana (CVNA) closed the most recent trading day at $90.31, moving -0.55% from the previous trading session.
- 03/27/2024
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Cazoo stock: is UK's Carvana a good buy as it short squeezes?
- Cazoo (NYSE: CZOO) stock price was one of the top performers in Wall Street on Wednesday. The shares surged by more than 75%, its best day since going public a few years ago.
- 03/27/2024
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3 Must-Know Facts About Carvana Before You Buy the Stock
- Carvana flipped the traditional car-buying experience on its head, introducing a nationwide e-commerce model. Carvana's financial position still leaves much to be desired.
- 03/26/2024
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Should You Buy Carvana Stock Before It's Too Late?
- Carvana has sacrificed growth in order to finally reach profitability, causing its stock to soar. The company still has a boatload of debt on its balance sheet it needs to manage.
- 03/25/2024
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Carvana Co. (CVNA) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Carvana (CVNA). This makes it worthwhile to examine what the stock has in store.
- 03/22/2024
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Up 1,600%, Is Carvana Stock Still a Buy?
- It depends on what it does to replace its pipeline of cars -- and how much it pays.
- 03/21/2024
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META, CVNA, AAPL: Too Expensive To Be A Bear Now
- Are traders still buying the dip on stocks in hopes of testing all-time high levels? Meta Platforms (META) has a 52-week high of $523.57.
- 03/21/2024
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Digital Auto Sales Are Here to Stay. That's Good for CarMax and Carvana.
- Analysts expect continued industry disruption from online car retailers.
- 03/21/2024
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Carvana (CVNA) Rises Higher Than Market: Key Facts
- Carvana (CVNA) closed the most recent trading day at $80.79, moving +1.52% from the previous trading session.
- 03/18/2024
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Earnings Season Shows Some Momentum for Online Car Platforms
- Through the past several months, buying a car — used or new — has been, to put it mildly, out of reach. Inflation has run rampant.
- 03/14/2024
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Carvana outlook brightens as it boosts profit growth – broker
- Carvana Co. (NYSE:CVNA), the used car reseller, could see its shares benefit from the growth of its retail gross profits per unit (GPU), analysts believe. Jefferies had expected weak GPU to lead to a deterioration in unit economics at the beginning of 2024.
- 03/12/2024
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How Carvana convinced this former bear to change his tune on the stock
- Credit where credit is due: Carvana Co.'s recent “operational adjustments” seem to be paying off.
- 03/12/2024
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Investors Heavily Search Carvana Co. (CVNA): Here is What You Need to Know
- Recently, Zacks.com users have been paying close attention to Carvana (CVNA). This makes it worthwhile to examine what the stock has in store.
- 03/11/2024
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Is It Too Late to Buy Carvana Stock?
- After a disappointing 2022, Carvana saw its business stabilize last year. Management is focused on controlling expenses to better match softer demand.
- 03/09/2024
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Top Calls - The Close 03/08/2024
- Romaine Bostick leads us through some of the Top Calls of the day. Carvana Upgraded, Vail Resorts Downgraded and GE Upgraded on Aerospace Strength.
- 03/08/2024
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3 Stock Winners That Are Up 1,000% or More in 2024
- Dig deep enough and find a story hot enough, and you can uncover potential stock winners up 1,000%. Look at Advanced Micro Devices (NASDAQ: AMD ), for example.
- 03/08/2024
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Carvana's Stock Has Rocketed. The Bear Case Is ‘Increasingly Unprovable.
- RBC Capital Markets' Brad Erickson upgraded shares of used-car retailer Carvana to Sector Perform from Underperform. “Our Underperform thesis is out of date,” he wrote.
- 03/08/2024
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Carvana (CVNA) Higher: Most Risk Off the Table
- Carvana (CVNA) is trading higher on an RBC Capital upgrade. The analyst notes that “clear improvement in the unit economics has simply taken most risk off the table.
- 03/08/2024
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5 Stocks with Unusually Large Short Interest
- With the broader market reaching new all-time highs, primarily driven by the tech sector and specifically semiconductor stocks fueled by the hype surrounding AI, the spotlight is once again beginning to shine on high short-interest stocks.
- 03/08/2024
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Insiders Are Buying These 5 Stocks
- Many investors closely monitor insider buys, as they can provide insight into the longer-term picture. And recently, insiders of these five companies have made splashes.
- 03/07/2024
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The 3 Best Stocks to Short This Week: March 5th, 2024
- 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 products of ZIRP-era enthusiasm, and though each trades well below pandemic period highs, they're still grossly overvalued.
- 03/05/2024
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Avoid the Avalanche: 3 Stocks to Sell Before They Collapse
- Identifying potential risks before they materialize into financial downturns is a must-have skill in the stock market. As the market shifts and companies face adversities, a vigilant eye on potential pitfalls is needed.
- 03/05/2024
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Why Investors Need to Take Advantage of These 2 Retail and Wholesale Stocks Now
- The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
- 03/04/2024
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Small Cap Nuance With Courage & Conviction Investing
- Courage & Conviction Investing focuses on small cap stocks but doesn't pay much attention to macro factors or market timing. Stock picking vs.
- 03/04/2024
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Which Of These 13 Stocks Might Sell-Off After More Than Doubling
- Nasdaq 100 reaches all-time high: running a screen for the highest return in the last year is another way to look at it. Stocks with high one-year returns, excluding healthcare and biotech, may face panic selling and should be screened carefully. Stocks that more than doubled may keep rising and are not likely to sell off.
- 03/04/2024
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This stock came back from dead with an 800% surge
- The stock market can be harsh and unforgiving, yet it also presents opportunities for remarkable turnarounds. Carvana (NYSE: CVNA) is a prime example.
- 03/04/2024
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After Skyrocketing 800% in the Past 12 Months, Is It Time to Buy Carvana Stock?
- Cost cuts have been a top priority for the executive team. Unit volumes have declined for two straight years.
- 03/02/2024
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Where Will Carvana Stock Be 10 Years From Now?
- Carvana shares have soared in the last year thanks to improving financials. Offering a better user experience in a huge market could mean big growth ahead.
- 03/01/2024
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Carvana's (CVNA) Comeback
- Carvana (CVNA) is on the rise in 2024. LikeFolio's Andy Swan discusses consumer happiness with Cavana.
- 02/29/2024
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3 Overlooked Meme Stocks Ready to Join the Big Leagues
- Retail investors have started moving back into equities, buying a net $5.6 billion worth of stocks in January as major U.S. indices reached fresh record highs. While institutional investors are taking profits, retail traders are returning to the market, and reports indicate they remain optimistic overall.
- 02/29/2024
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Earnings Seasons Score Card: 4 Stock Superstars and 3 That Fell Short
- Earnings season for the fourth quarter of calendar 2023 is coming to a close. Clear winners and losers are emerging from the reports.
- 02/28/2024
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Cars.com and Carvana Stock Facing Weaker Consumer Sentiment
- Cars.com Inc. NYSE: CARS and Carvana Co. NYSE: CVNA are two different ways to play the retail automotive market. Both companies are attempting to modernize and digitize the car buying experience.
- 02/28/2024
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Here is What to Know Beyond Why Carvana Co. (CVNA) is a Trending Stock
- Zacks.com users have recently been watching Carvana (CVNA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 02/27/2024
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Best Inverse/Leveraged ETF Areas of Last Week
- While Nvidia's ascent and strong earnings reports have buoyed investor confidence, ongoing developments in monetary policy and economic data will continue to shape market sentiment in the weeks and months ahead.
- 02/27/2024
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Kerrisdale Capital Slams Carvana (CVNA) Stock in New Short Report
- Short sellers play an important role in the market, and I do believe investors would do well to read through the bearish research provided on many names. Oftentimes, serious issues are uncovered, and investors are made aware of risks they may have been otherwise not privy to.
- 02/26/2024
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Carvana (CVNA) Q4 Loss Wider Than Expected, Revenues Fall Y/Y
- Carvana (CVNA) expects to generate more than $100 million in adjusted EBITDA in the first quarter of 2024.
- 02/26/2024
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DTC Doom-and-Gloom? 3 Direct-to-Consumer Brands That May Not Survive.
- Some direct-to-consumer (DTC) brands have been under pressure from rising costs, supply chain disruptions, and increased competition. In the United States and globally, for that matter, interest rates are currently elevated.
- 02/26/2024
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Carvana's bonds gain along with stock but high debt levels remain a worry
- Carvana Co.'s bonds rose Friday, after the online used-car seller surprised investors with fourth-quarter earnings that highlighted some positive metrics.
- 02/23/2024
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Carvana Stock Surges After Reporting First Annual Profit, Bullish Outlook
- Carvana (CVNA) shares soared after the online used-car retailer posted its first annual profit and said it expects improved earnings this quarter as it cut both costs and debt.
- 02/23/2024
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Carvana Surges as Used-Car Retailer's Profit Tops Estimates
- Carvana topped Wall Street's profit expectations in the final months of 2023 and said it expects improved earnings this quarter, sending its shares up the most in seven months as the used-car retailer defies the challenges of high interest rates and inflation. Carvana CEO Ernie Garcia joins Caroline Hyde on "Bloomberg Technology.
- 02/23/2024
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Carvana CEO Ernie Garcia on Q4 results: We're in the best position we've ever been
- Ernie Garcia, Carvana CEO, joins 'Money Movers' to discuss the company's upbeat outlook for 2024, how sticky the improvements are for this year, and the company's restructuring of its debt program.
- 02/23/2024
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Carvana (CVNA) & Block (SQ) Rally After Earnings
- Carvana (CVNA) soars on earnings and a positive outlook. Jenny Horne discusses this, and how volatile the Carvana stock is.
- 02/23/2024
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Carvana stock skyrockets, reports first-ever profitable year
- Carvana (CVNA) shares surge after the online used car retailer reported its first profitable year in its fourth-quarter results. Yahoo Finance Live examines Carvana's stock movement Friday morning, outlining the challenges the company has seen and its gross profit per unit (GPU) figures.
- 02/23/2024
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Carvana stock surges on first annual profit, pair of analyst upgrades
- Wall Street analysts upgraded the stock citing profit trends and a positive retail sales forecast.
- 02/23/2024
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Analysts, Bulls Chime In on Carvana's First Annual Profit
- Carvana Co (NYSE:CVNA) stock is up 43.8% to trade at $75.34 at last check, despite the car e-tailer's fourth-quarter profit and revenue miss.
- 02/23/2024
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Why Is Carvana (CVNA) Stock Up 42% Today?
- Carvana (NYSE: CVNA ) stock is soaring higher on Friday after the used car e-commerce company posted record positive results in its latest earnings report. First, investors will note that Carvana reported adjusted EPS of -$1.75 alongside revenue of $2.42 billion for Q4 2023.
- 02/23/2024
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The Retail Sector is on the cusp of a major breakout
- As the theme of 2023 continues into 2024, seeing technology stocks and, more specifically, semiconductor and AI names dominate the headlines, it might be easy to miss other promising setups in less-spoken sectors.
- 02/23/2024
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Carvana shares ride higher after first annual profit
- Shares of Carvana surged 30% before the bell on Friday after the used-car retailer posted its first-ever annual profit, in a sharp turnaround powered by the company's deal with bondholders in July.
- 02/23/2024
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Carvana Stock Soars After Earnings. Why It Sees an Upbeat 2024.
- The company achieved a dramatic turnaround last year. Shares are up more than sixfold over the past 12 months.
- 02/23/2024
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Carvana Co. (CVNA) Q4 2023 Earnings Call Transcript
- Carvana Co. (NYSE:CVNA) Q4 2023 Earnings Conference Call February 22, 2024 5:30 PM ET
- 02/22/2024
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Carvana (CVNA) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
- Although the revenue and EPS for Carvana (CVNA) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 02/22/2024
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Carvana (CVNA) Reports Q4 Loss, Lags Revenue Estimates
- Carvana (CVNA) came out with a quarterly loss of $1 per share versus the Zacks Consensus Estimate of a loss of $0.95. This compares to loss of $0.97 per share a year ago.
- 02/22/2024
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Carvana stock rallies on Q4 earnings
- Carvana Co (NYSE: CVNA) soared in extended hours on Thursday even though it reported worse than expected financial results for its fourth quarter. This is a developing story.
- 02/22/2024
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Carvana Stock Pops With Earnings On Deck. A Used-Car Auction Peer Beats And Soars.
- ACV Auctions delivered a better-than-feared loss, as Carvana stock offers an entry ahead of earnings for the fourth quarter.
- 02/22/2024
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Two top analysts debate the bull and bear cases for Carvana
- Nicholas Jones, Senior Analyst at Citizens JMP, and Brad Erickson, Internet Services Senior Analyst at RBC Capital Markets, debate the outlook for Carvana.
- 02/22/2024
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It's Time! 7 Lackluster Meme Stocks to Sell in February
- Savvy investors are shifting their focus towards meme stocks to sell, adapting to the stock market's changing trends where meme stocks have fallen out of favor. The trend, fueled by social media, morphed low-quality stocks into overnight sensations, spurring short-lived surges in value as online communities banded together.
- 02/20/2024
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3 Stock Downgrades That Analysts Are Going to Regret
- In an age of analytics, analyst reports are sort of like a baseball player's slash line. Knowing about stock upgrades and stock downgrades is an essential part of your research, but ultimately, they only tell you so much.
- 02/19/2024
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Carvana (CVNA) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
- Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Carvana (CVNA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.
- 02/19/2024
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Raymond James Is Souring on Carvana (CVNA) Stock
- Online vehicle retailer Carvana (NYSE: CVNA ) won the pandemic with its inherently minimal-contact business. However, market experts now question whether CVNA stock can win the post-pandemic cycle of high inflation and high interest rates.
- 02/16/2024
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Carvana (CVNA) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
- Carvana (CVNA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/15/2024
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Carvana Co. (CVNA) is Attracting Investor Attention: Here is What You Should Know
- Carvana (CVNA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 02/14/2024
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7 Stocks That Could Plummet if the Fed Leaves Rates Too High for Too Long
- On the surface, it may seem odd that many of the stocks to sell before interest rates fall are the same type of stocks typically recommended as stocks to buy before interest rates fall. However, there is a reason for this.
- 02/12/2024
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Hedgeye reiterates Carvana stock a ‘top short idea'
- Carvana Co (NYSE: CVNA) has gained close to 30% over the past couple of weeks but Hedgeye remains dovish as ever on the online used car retailer.
- 02/09/2024
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Call Traders Scored a Quick Profit With Carvana Stock
- Subscribers to our new In-the-Money Countdown (ITMC) service scored a 102% profit in just two trading sessions with our Carvana Co (NYSE:CVNA) weekly 2/9 37.50-strike call.
- 02/08/2024
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Carvana (CVNA) Stock Slides as Market Rises: Facts to Know Before You Trade
- In the closing of the recent trading day, Carvana (CVNA) stood at $48.09, denoting a -0.21% change from the preceding trading day.
- 02/07/2024
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Harnessing Institutional Volume Accumulation (3 Stocks to Watch Now)
- It's difficult to overemphasize the importance of paying attention to institutional accumulation in the stock market - institutions drive most significant stock movements. Stock Strategist Andrew Rocco unveils the top 3 institutional quality stocks to monitor.
- 02/06/2024
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Carvana Reports Turnaround After Cutting Costs With Layoffs, Adding AI Tools
- Online used car firm Carvana has reportedly turned around its operations and debt over the past 18 months, lifting its stock price from $5 to $55. Company CEO and Chairman Ernie Garcia, III is optimistic about the future, believing that much of the cost-cutting is now done, CNBC reported Friday (Feb. 2).
- 02/02/2024
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A year after bankruptcy concerns, Carvana is leaner and ready for its Wall Street redemption
- Carvana over the last 18 months aggressively restructured its operations and debt amid bankruptcy concerns to pivot from growth to cost-cutting.
- 02/02/2024
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Carvana (CVNA) Stock Falls Amid Market Uptick: What Investors Need to Know
- In the closing of the recent trading day, Carvana (CVNA) stood at $42.53, denoting a -1.23% change from the preceding trading day.
- 02/01/2024
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Carvana Co. (CVNA) Is a Trending Stock: Facts to Know Before Betting on It
- Carvana (CVNA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 01/31/2024
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The Big Short of 2024: 7 Meme Stocks to Bet Against
- Investor appetite for risky stocks has come back in recent months, but there are plenty of opportunities out there for bearish investors looking for meme stocks to short. Even as factors like cooling inflation and an expected lowering of interest rates by the Federal Reserve point to a full exit from the more challenging times for the stock market during 2022 and 2023, it's not as if conditions have swung fully back to the environment experienced during the pandemic era.
- 01/30/2024
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Carvana (CVNA) Advances While Market Declines: Some Information for Investors
- In the latest trading session, Carvana (CVNA) closed at $41.80, marking a +1.95% move from the previous day.
- 01/26/2024
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3 Stocks to Sell Before It's Too Late: Navigating the 2024 Market Landscape
- Amidst the turbulent seas of the stock market, the U.S. is facing a storm. The recent surge in December 2023 retail sales cast a shadow over the hopes of early interest rate cuts by the Federal Reserve this year.
- 01/24/2024
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Fuel to the Fire: 3 Short-Squeeze Candidates
- Stocks that are heavily shorted can provide some of the best upside opportunity. Stock Strategist Andrew Rocco brings you three top ideas.
- 01/23/2024
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Secondary squeeze: exploring 3 highly shorted stocks
- As the year came to a close in 2023, the market edged toward its all-time high, with the SPDR S&P 500 ETF Trust NYSE: SPY trading at its 52-week high. Previously beaten-down stocks with a high short interest were a significant area of focus for investors and traders as they surged higher in price.
- 01/23/2024
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This once-mighty Carvana competitor just announced it is winding down operations
- Vroom Inc., once valued at a heady $2.5 billion, said Monday it is winding down its online used-car sales business in order to preserve liquidity, as its market cap has dwindled to less than $100 million.
- 01/22/2024
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The Art of the Pullback Buy (5 Factors to Consider + Examples)
- Not all pullbacks are created equal. Read along as Stock Strategist Andrew Rocco defines what makes a pullback buyable.
- 01/17/2024
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3 Growth Stocks to Sell in January Before They Crash and Burn
- Growth stocks rebounded nicely in 2023 after a disappointing 2022. However, some growth stocks overextended themselves and look due for corrections in 2024.
- 01/16/2024
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Investors Heavily Search Carvana Co. (CVNA): Here is What You Need to Know
- Carvana (CVNA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 01/16/2024
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Up 1,000%, Is This Growth Stock Still a Buy in 2024?
- Carvana has dramatically cut the cost of sales per unit. GAAP gross profit per unit has surged.
- 01/13/2024
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Carvana (CVNA) Stock Slides as Market Rises: Facts to Know Before You Trade
- Carvana (CVNA) closed at $46.74 in the latest trading session, marking a -0.89% move from the prior day.
- 01/10/2024
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7 Meme Stocks That Might Actually Be Worse Bets Than AMC
- With the “risk on” mentality of late 2023 fading fast thus far in 2024, it may be a good time to decide what are the meme stocks to sell. Mostly, because even if the macroeconomic picture improves this year, many of the most popular meme plays lack the fundamentals necessary to sustain their current stock prices.m Much less, justify a move to higher prices.
- 01/09/2024
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3 Consumer Stocks to Sell in January Before They Crash and Burn
- If you're looking for consumer stocks to avoid, look no further than the ProShares Online Retail ETF (NYSEARCA: ONLN ). As its name implies, the ETF tracks the performance of the ProShares Online Retail Index, a collection of retailers that sell their products online or through other non-brick-and-mortar channels.
- 01/05/2024
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Here is What to Know Beyond Why Carvana Co. (CVNA) is a Trending Stock
- Carvana (CVNA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 01/04/2024
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Take Profit: 3 Stocks to Sell That Are Up More Than 500% in 2023
- The future of the United States economy appears surprisingly resilient, as evidenced by positive trends in labor force participation, inflation and wages. Despite earlier concerns of long-term scars, the nation has shown remarkable recovery, challenging prevailing pessimism.
- 01/03/2024
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Retail Revivalists: 3 Stocks Reinventing Brick-and-Mortar
- A lot of the credit for the U.S. averting an economic recession over the past year is going to consumers as their spending has remained strong despite elevated interest rates. The latest data from the U.S. Census Bureau showed that retail sales in November were up 0.1% from October, and up 3.1% from a year earlier.
- 01/03/2024
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3 Meme Stocks that Have Nowhere to Go But Down in 2024
- Most meme stocks rallied in 2023. However, the meme stock outlook is grim, given the narrative that 2023 was merely a recovery year for high-beta stocks.
- 01/01/2024
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Why Carvana (CVNA) is a Top Momentum Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 01/01/2024
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Smart Shorts: 7 Meme Stocks to Bet Against in 2024
- As a critical mass of risk-hungry traders now believe “the coast is clear,” now may be the perfect time to consider which meme stocks to short. What do I mean by “the coast is clear?
- 12/28/2023
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The best-performing stock of the year rose nearly 10-fold, while the second-best averted disaster to surge 1,000% in a wild 2023
- No, it isn't related to artificial intelligence — although shares of AI-linked chip maker Nvidia Corp. NVDA, +0.16% have surged more than 200% thus far on the year.
- 12/27/2023
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The Winners and Losers: 2023 Stock Market Performance Review
- A 2023 stock market recap is a tale of highs and lows. We entered the year after a Fed tightening cycle proved restrictive but seemingly unsuccessful as inflation continued while rates rose.
- 12/27/2023
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Carvana and Carrols Were 2 of the Biggest Winners in 2023, Up Over 1,100% and Over 400%, Respectively. Here Are 3 Stocks With Similar Setups for 2024.
- Carvana and Carrols dropped to extraordinarily low valuations as investors questioned their futures. Market perceptions radically improved for both companies in 2023, sending the stocks soaring.
- 12/27/2023
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Carvana (CVNA) stock price forecast 2024: buy, sell, hold?
- Carvana (NYSE: CVNA) stock price has retreated in the past few days as investors start to take profits after a remarkable year. The shares dropped to a low of $54.10 on Tuesday, a few points below the year-to-date high of $62.
- 12/26/2023
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Will these 3 heavily shorted stocks keep squeezing?
- As the overall market edges closer to its all-time high, with the SPDR S&P 500 ETF Trust NYSE: SPY trading at its 52-week high, highly shorted, previously beaten-down stocks have been a significant theme and area of focus for investors and traders.
- 12/26/2023
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Short squeeze alert: 2 stocks which could rocket in January
- In the dynamic world of stock markets, investors seek opportunities to capitalize on market movements. Indeed, one approach that has become popular is the short squeeze strategy, known to yield returns for investors in a short span, with retailer GameStop (NYSE: GME) being a perfect example.
- 12/25/2023
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Carvana stock facing potential short squeeze as rare pattern emerges
- 1,160%. That's how much shares of used car retailer Carvana (NYSE: CVNA) skyrocketed in 2023 – from $4.6 to $58.2 at the time of publication on December 21.
- 12/21/2023
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Last chance to prepare your portfolio for tax season
- Have you noticed how most businesses, namely retail and car dealerships, like Ralph Lauren NYSE: RL and Carvana NYSE: CVNA, have been upping their email marketing campaigns to include company-wide discounts and promotions to get their inventories moving? There's a reason behind priming customers like yourself for a sales spree.
- 12/19/2023
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Three-Stock Lunch: DocuSign, Snap & Carvana
- Ryan Belanger, founder and managing principal of Claro Advisors, joins 'Power Lunch' to discuss three stocks: DocuSign, Snap, and Carvana.
- 12/18/2023
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Carvana Co. (CVNA) is Attracting Investor Attention: Here is What You Should Know
- Zacks.com users have recently been watching Carvana (CVNA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 12/15/2023
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3 Stock Winners That Are Up 500% or More in 2023
- 2023 proved to be a wild year, as many investors' top-performing stocks quickly swirled down the drain amid higher interest rates and tightened economic conditions. But, against all odds, the market outlook improved rapidly in early fall before kicking off an early start to the Santa rally.
- 12/14/2023
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3 Meme Stocks I Wouldn't Touch With a 10-Foot Pole
- The investment landscape has been abuzz with the trend of meme stocks, a phenomenon ushered in by the remarkable and dramatic rise in GameStop's (NYSE: GME ) stock in 2021. Driven by social media enthusiasm, these stocks experience rapid volatility that reinforces the importance of knowing which meme stocks to sell.
- 12/12/2023
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Want to Play the "Santa Claus" Rally? Buy these 3 Stocks
- Did you know that December is higher more often than any other month? That's right.
- 12/11/2023
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Carvana just had a bear call removed - is this buy time?
- If there's one stock that's kept investors on their toes in recent years, it's Carvana Co NYSE: CVNA. A 1,500% rally through August 2021 quickly turned into a 98% drop by the start of this year.
- 12/06/2023
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Carvana Shares Soar After Positive Comments From J.P. Morgan
- Shares of Carvana (CVNA) soared after positive comments about the online used car retailer from analysts at J.P. Morgan.
- 12/04/2023
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Why Is Carvana (CVNA) Stock Up Today?
- Carvana (NYSE: CVNA ) stock is rising higher on Monday after the used-car retailer got a new rating from JPMorgan analyst Rajat Gupta. The JPMorgan analyst upgraded shares of CVNA stock from an “underweight” rating to a “neutral” rating.
- 12/04/2023
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Carvana Stock Jumps on an Upgrade From Sell. Wall Street Isn't So Sure About Its Rally.
- J.P. Morgan analysts lifted their rating on the used-car retailer to Neutral from Underweight.
- 12/04/2023
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Carvana Stock Surges After Rare Upgrade
- The shares of Carvana Co (NYSE:CVNA) are careening higher today, after J.P.
- 12/04/2023
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Carvana Co. (CVNA) Is a Trending Stock: Facts to Know Before Betting on It
- Carvana (CVNA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 12/04/2023
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Compared to Estimates, Carvana (CVNA) Q3 Earnings: A Look at Key Metrics
- The headline numbers for Carvana (CVNA) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 12/04/2023
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Carvana (CVNA) Crossed Above the 50-Day Moving Average: What That Means for Investors
- Carvana (CVNA) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, CVNA broke out above the 50-day moving average, suggesting a short-term bullish trend.
- 12/04/2023
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Retail sector resurgence: optimism grows for holiday momentum
- The retail sector experienced a robust start to the holiday shopping season as U.S. shoppers were enticed by substantial discounts across various categories, resulting in $38 billion in online spending over the Thanksgiving weekend.
- 12/01/2023
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7 Sorry Meme Stocks to Sell in December
- In the unpredictable terrain of the stock market, meme stocks to avoid have become a critical watchlist for investors. The social media-driven phenomenon has effectively turned stocks you'd typically avoid into viral sensations, leading to temporary price surges as communities rally to boost their value.
- 12/01/2023
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Carvana (CVNA) Recently Broke Out Above the 20-Day Moving Average
- From a technical perspective, Carvana (CVNA) is looking like an interesting pick, as it just reached a key level of support. CVNA recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
- 11/29/2023
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3 Toxic Stocks to Dump Before the New Year
- Black Friday is here, and the holiday season is officially upon us. For investors, it's a good time to go bargain shopping as well.
- 11/27/2023
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Investors Heavily Search Carvana Co. (CVNA): Here is What You Need to Know
- Carvana (CVNA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 11/21/2023
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Amazon deal with Hydundai to disrupt online car selling market, Carvana and CarMax investors react
- Amazon.com Inc (NASDAQ:AMZN) has greenlit car sellers to use the e-commerce site to directly sell to customers, launching via a partnership with Hyundai. The South Korean automaker will deliver a digital showroom on Amazon in 2024 through the new team-up.
- 11/17/2023
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Carvana CEO: Amazon's online car sales 'validates this is something consumers want'
- Ernie Garcia, Carvana CEO, joins 'Closing Bell Overtime' to discuss Amazon launching its own online car sales business.
- 11/16/2023
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CarMax, Carvana Shares Tumble After Amazon Says It Will Sell Cars
- Shares of online car sellers tumbled on Thursday after Amazon (AMZN) announced it will begin selling vehicles to U.S. customers starting in 2024.
- 11/16/2023
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Amazon to launch online vehicle sales in 2024, and CarMax, Carvana stocks dive
- Amazon.com Inc. AMZN, -0.27% announced Thursday that it will launch online vehicles sales in the U.S., starting in 2024 with sales of Hyundai Motor Co. 005380, +1.26% vehicles. That sent shares of auto retailers CarMax Inc. KMX, -5.86% and Carvana Co. CVNA, -6.79% diving in afternoon trading.
- 11/16/2023
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Where Will Carvana Stock Be in 5 Years?
- Carvana shares have soared in 2023 as the market has become more confident in its turnaround story. Will this bull run translate into sustainable value for investors?
- 11/14/2023
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Carvana: shifting gears toward a potential breakout
- As the market trends higher, with the SPDR S&P 500 ETF Trust NYSE: SPY up over 6% over the previous two weeks and many blue chip stocks soaring higher and even closing in on new highs, such as Microsoft NASDAQ: MSFT, it might be a good time to familiarize yourself with stocks setting up for a breakout.
- 11/10/2023
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Here is What to Know Beyond Why Carvana Co. (CVNA) is a Trending Stock
- Carvana (CVNA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 11/08/2023
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3 Meme Stocks to Sell Immediately
- Social media awareness of a given stock creates meme status. Investors know that the attention meme stocks garner can positively affect prices.
- 11/08/2023
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Carvana (CVNA) Q3 Earnings Top Estimates, Revenues Fall Y/Y
- Carvana (CVNA) expects to generate positive adjusted EBITDA for the third straight quarter in the October-December period.
- 11/07/2023
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The Lonely Bull On The Planet: Carvana's Transformation Of The Marketplace Model (Rating Upgrade)
- Carvana's stock price jumped 15% following its third quarter earnings release, driven by improved profitability and cost control. The company's wholesale marketplace unit saw strong double-digit growth, with wholesale unit sales growing 117% and gross profit expanding 311%. Taking cues from The RealReal, Carvana's shift to a B2B model promises higher margins and market expansion.
- 11/04/2023
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CVNA Stock Alert: What Analysts Are Saying After Carvana's Q3 Earnings
- Carvana (NYSE: CVNA ) stock is on the move Friday as analysts weigh in on the used-car retailer following its latest earnings report. To summarize that earnings report, results were mixed with adjusted earnings per share of -69 cents alongside revenue of $2.77 billion.
- 11/03/2023
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Carvana Reports Expense Reduction and Efficiency Improvement in Uncertain Environment
- Carvana made progress in reducing expenses and improving efficiency during the third quarter, leading to record third-quarter levels of adjusted EBITDA and gross profit per unit (GPU). The online used car retailer's CEO, Ernie Garcia, expressed his confidence in the company's business model and the long-term potential of the industry Thursday (Nov.
- 11/02/2023
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Carvana Co. (CVNA) Q3 2023 Earnings Call Transcript
- Carvana Co. (NYSE:CVNA ) Q3 2023 Earnings Conference Call November 2, 2023 5:30 PM ET Company Participant Ernie Garcia - Chief Executive Officer Mark Jenkins - Chief Financial Officer Meg Kehan - Investor Relations Conference Call Participant Chris Pierce - Needham Michael Baker - D.A. Davidson Seth Basham - Wedbush Securities Ron Josey - Citi Rajat Gupta - J.P.
- 11/02/2023
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Carvana reports record 3Q earnings with impressive profitability gains
- Carvana Co. (NYSE:CVNA) shares raced ahead on Thursday as anticipation grew before its latest earnings report, and investors were not disappointed. The prominent online used car dealer said its third-quarter 2023 financial results set new records for key performance indicators as a strong focus on profitability paid off with impressive results.
- 11/02/2023
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Earnings Exchange: Block, DraftKings & Carvana
- Jeff Kilburg, KKM Financial founder and CEO, joins 'The Exchange' to discuss Block, DraftKings, and Carvana.
- 11/02/2023
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Carvana (CVNA) to Report Q3 Earnings: What's in the Offing?
- The Zacks Consensus Estimate for Carvana's (CVNA) third-quarter 2023 loss per share and revenues is pegged at 85 cents and $2.77 billion, respectively.
- 11/01/2023
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5 Tech Stocks to Sell Before They are Six Feet Under
- In the high-stakes poker game of investing, understanding the lay of the land is crucial. Firstly, word on the street is there's a brewing bubble with tech stocks.
- 10/31/2023
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Is Carvana a Buy Now?
- Carvana inked a deal with lenders that helped solve an immediate leverage problem. The used car retailer continues to lose money.
- 10/27/2023
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Carvana (CVNA) Falls More Steeply Than Broader Market: What Investors Need to Know
- In the most recent trading session, Carvana (CVNA) closed at $29.10, indicating a -1.26% shift from the previous trading day.
- 10/26/2023
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Carvana's Third-Quarter Sales Could Surprise Wall Street, Analyst Says
- The used car retailer could post its first sequential increase in retail units sold since June 2022, William Blair says.
- 10/25/2023
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Is Trending Stock Carvana Co. (CVNA) a Buy Now?
- Carvana (CVNA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 10/24/2023
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7 Stocks to Sell in October Before They Crash and Burn
- As market volatility appears set to continue in the near, you may wonder which stocks to sell in October. While stocks overall could remain under pressure, as the market digests high interest rates and the looming risk of a recession, there are certain stocks that may be at risk of experiencing even choppier conditions ahead.
- 10/24/2023
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Why Carvana (CVNA) Dipped More Than Broader Market Today
- Carvana (CVNA) reachead $31.07 at the closing of the latest trading day, reflecting a -1.65% change compared to its last close.
- 10/20/2023
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What Makes Carvana (CVNA) a New Strong Buy Stock
- Carvana (CVNA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 10/20/2023
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3 Momentum Anomaly Picks as Treasury Yields Induce Volatility
- Uber (UBER), NVIDIA (NVDA) and Carvana (CVNA) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
- 10/20/2023
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3 Stocks to Gain From the Pick Up in Retail Sales
- Invest in Carrols Restaurant Group (TAST), Casey's General Stores (CASY) and Carvana (CVNA), which are poised to gain even more on an uptick in retail sales.
- 10/19/2023
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This Growth Stock Could 10X in 10 Years
- An innovative business model and large addressable market could result in huge growth. Management is committed to moving Carvana to profitability.
- 10/15/2023
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Don't Hold On: 7 Stocks to Sell Before 2024
- Even as the end of 2023 is still months away, now may be the time to figure out which stocks to sell ahead of 2024. All bets are off whether stocks can end the year on a high note.
- 10/15/2023
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Where Will Carvana Stock Be in 3 Years?
- Carvana has truly disruptive potential, and it's looking at a large addressable market. But investors will need to see progress by the online auto retailer toward profitability.
- 10/14/2023
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Carvana (CVNA) Flat As Market Sinks: What You Should Know
- In the latest trading session, Carvana (CVNA) closed at $33.87, marking no change from the previous day.
- 10/13/2023
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Carvana Stock: Bulls And Bears Might Lose Big
- Carvana's stock dropped due to an analyst rating update, highlighting the company's volatility and weak financial health. The company's recent financial results showed a decrease in sales and a net loss, although there were some improvements compared to previous quarters. Carvana's debt exchange and credit rating downgrade raise concerns about its ability to meet obligations, while the used car market in the U.S. also faces challenges.
- 10/13/2023
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Carvana downgrade, Netflix retail sites: Trending tickers
- Carvana stock fell sharply after BNP Paribas downgraded shares from an 'Outperform' rating to a 'Neutral' rating. Analysts expressed "less confidence" in the online used car retailer's overall unit growth prospects.
- 10/12/2023
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Three-Stock Lunch: Walgreens, Target & Carvana
- David Wagner, portfolio manager at Aptus Capital Advisors, joins 'Power Lunch' to discuss three stocks: Walgreens, Target & Carvana.
- 10/12/2023
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Why Is Carvana (CVNA) Stock Down 10% Today?
- After delivering an astounding performance so far this year, online used-car retailer Carvana (NYSE: CVNA ) is finally showing some signs of distress. Even worse, the recent wave of red ink has caught the attention of an Exane BNP Paribas analyst who views the enterprise skeptically.
- 10/12/2023
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Carvana (CVNA) Rises But Trails Market: What Investors Should Know
- In the most recent trading session, Carvana (CVNA) closed at $39.04, indicating a +0.44% shift from the previous trading day.
- 10/10/2023
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Carvana's bondholders face ‘uncertainty' in used-car market and volume worries
- Carvana Co.'s bondholders could run against a “tough combination” of rising interest rates and double-digit financing costs, leading some consumers to tap the brakes on buying a used car.
- 10/10/2023
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Is Carvana (CVNA) Outperforming Other Retail-Wholesale Stocks This Year?
- Here is how Carvana (CVNA) and Deckers (DECK) have performed compared to their sector so far this year.
- 10/10/2023
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3 Short-Squeeze Stocks to Dump Before the Damage Is Done
- It can be fun to speculate on short-squeeze stocks. When the stars align just right, these heavily bet against companies can see their shares skyrocket, leading to tremendous gains for shrewd traders.
- 10/09/2023
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Carvana's Turnaround Plan Seems to Be Missing 1 Key Detail
- Carvana overextended itself with a growth-at-any-cost strategy. Management's focus on rightsizing the business resulted in a material reduction in the number of cars sold.
- 10/07/2023
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Why Shares of Carvana Slumped This Week
- Carvana shares are down this week but still up hundreds of percentage points this year. The stock may be falling due to rising interest rates and the UAW strike.
- 10/06/2023
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Carvana to Report Third Quarter 2023 and Host Quarterly Conference Call on November 2
- PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its third quarter 2023 financial results for the period ended September 30, 2023, after the market closes on Thursday, November 2, 2023. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results. What: Carvana Third Quarter 2023 Financial Results Conferenc.
- 10/05/2023
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Carvana (CVNA) Stock Slides as Market Rises: Facts to Know Before You Trade
- In the most recent trading session, Carvana (CVNA) closed at $37.63, indicating a -1.52% shift from the previous trading day.
- 10/04/2023
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Why Carvana Stock Lost 17% in September
- Carvana got a credit rating upgrade, but the gains didn't last. The Federal Reserve now expects interest rates to remain elevated for longer than previously thought.
- 10/03/2023
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Carvana Co. (CVNA) is Attracting Investor Attention: Here is What You Should Know
- Zacks.com users have recently been watching Carvana (CVNA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 09/28/2023
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Carvana Stock Is Up 745% This Year: Is It Too Late to Buy Shares?
- Shares have rebounded as the company moves closer to generating a profit. The online used car dealer has sacrificed growth in order to stave off bankruptcy.
- 09/28/2023
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Should Investors Buy Carvana Stock Right Now?
- Carvana is taking steps to rightsize the business after consumer demand slowed.
- 09/27/2023
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7 Strong Sell Stocks Ready to Take a Deep Dive
- While it's unclear whether the market is on the precipice of another sell-off, now may be the time to clear out any strong sell stocks from your portfolio. Even as it may seem like investors have absorbed the impact of high inflation, high interest rates, and the possibility of a 2024 recession, that may not necessarily be the case.
- 09/25/2023
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Here's My Top Growth Stock to Avoid in 2023
- Carvana's financial situation is still cause for concern. It has yet to achieve positive net income.
- 09/23/2023
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Why Carvana Stock Was Falling This Week
- Investors seemed uncertain about the impact of the UAW strike. Interest rates are expected to go even higher, which could affect Carvana's demand.
- 09/21/2023
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3 Momentum Stocks That Should Be on Every Investor's Radar This Fall
- Momentum stocks can be an investor's best friend because these companies' continued growth tends to reflect well in returns for their shareholders. Investors will be continually be attracted to these businesses for their potential growth strategies and consistent volume and popularity.
- 09/20/2023
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3 Meme Stocks That Should Still Be on Every Investor's Radar This Fall
- Meme stocks are making media headlines once again as a new movie about the rally of early 2021 called “Dumb Money” hits theaters. Not that meme stocks ever really went away.
- 09/19/2023
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3 Stocks to Buy Now if You Think Fed Rate Cuts Are Still Coming
- Core CPI rose 0.3% in August versus July. While the increase was slightly higher than the 0.2% monthly gain in core CPI in July, it was still relatively tame.
- 09/18/2023
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These 3 Stocks Have Seen Favorable Price Target Upgrades
- It's critical to note that not all stocks reach analysts' forecasted levels, as unforeseen circumstances can always affect future performance. Still, the positivity surrounding upgrades can be seen as a solid takeaway.
- 09/18/2023
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If you are a believer in Carvana, maybe you can buy the dip: Freedom Capital Markets' Jay Woods
- Jay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss the technical take on stocks.
- 09/18/2023
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Here are the 12 stocks Jim Cramer is watching, including Netflix, Arm, Planet Fitness
- Here are some of the tickers on my radar for Monday, Sept. 18 taken directly from my reporter's notebook.
- 09/18/2023
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3 Stocks to Avoid This Week
- There are near-term concerns for Stitch Fix, Steelcase, and Carvana this week. Revenue declines continue at Stitch Fix, and it's still far from turning the corner of profitability.
- 09/18/2023
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7 Meme Stocks to Sell in September Before They Crash & Burn
- Meme stocks burst onto the investment scene, notably when GameStop (NYSE: GME ) launched to astronomical heights in 2021, leaving both seasoned investors and short sellers dumbfounded. Yet, this meteoric rise was a double-edged sword, spotlighting potential meme stocks to sell.
- 09/18/2023
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Carvana Has Gained 1,000% This Year. This Analyst Just Upgraded the Stock.
- A debt exchange has bought the auto reseller "at least two years of breathing room to execute," Wedbush says,
- 09/18/2023
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Carvana and other used car stocks accelerate ahead of auto workers strike
- Shares of used car retailer Carvana Co. (NYSE:CVNA) soared on Thursday, gaining momentum ahead of a potential strike of auto workers against the Detroit Three carmakers General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F) and Stellantis NV (NYSE:STLA, EPA:STLA). Carvana stock closed up 13.5% at US$55.86, with investors pulling back slightly at Friday's open with the stock down 2% at US$54.79.
- 09/15/2023
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Carvana: Potential Catalyst Ahead
- Carvana's stock has shown positive momentum following key events, including a 13% jump after the company's comments highlighted potential catalysts. The company is addressing investor concerns about long-term profitability by breaking down fixed and variable costs in its Q3 earnings report. CVNA has implemented strategies to improve unit economics, such as building up the wholesale marketplace and increasing the customer-sourced share of retail units sold.
- 09/15/2023
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This Carvana Insider Just Sold 20,000 Shares of CVNA Stock
- Shares of Carvana (NYSE: CVNA ) continue to move against expectations, even amid not-so-encouraging news. Earlier this week, a securities filing disclosed that a Carvana insider sold 20,000 shares of CVNA stock.
- 09/14/2023
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Why Carvana Spiked Today
- August retail sales came in a bit stronger, with auto sales a bright spot. A looming UAW strike could give near-term upside to used car dealers, but maybe long-term headwinds.
- 09/14/2023
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Largest Auto Strike in History Looms: Potential Winners & Losers
- The UAW, or United Auto Workers, is a prominent labor union in the United States that primarily represents workers in the automotive and related industries. Founded in 1935, the UAW is one of the largest labor unions in the country and has nearly one million members.
- 09/14/2023
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Carvana, CarMax stocks rise ahead of autoworkers' contract expiration
- Shares of used-car retailers Carvana Co. CVNA, +12.08% rallied more than 12%, and shares of CarMax Inc. KMX, +3.05% rose around 2%, in midday trading Thursday, with just hours to go for a contract's expiration for autoworkers at Ford Motor Co. F, -0.87%, General Motors Co. GM, -0.53%, and Stellantis NV STLA, -1.16%. Union and companies remain far apart ahead of the 11:59 p.m.
- 09/14/2023
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Carvana: Short Squeeze Alert
- Carvana Co. stock has appreciated by ~270% since February due to a squeeze that forced short sellers to cover their positions. There are reasons to believe that another squeeze could happen at any moment. Positive developments such as better-than-expected earnings and an improved economy further support the potential for a short squeeze.
- 09/14/2023
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Carvana Co. (CVNA) is Attracting Investor Attention: Here is What You Should Know
- Carvana (CVNA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 09/14/2023
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Looking to Outperform? Buy these 3 Stocks Exhibiting "Raw" Relative Strength
- When markets stumble, pay close attention to which stocks buck the trend. Resilient stocks during market weakness tend to lead when the market regains its footing.
- 09/12/2023
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Amazon Stock, Carvana, Uber Boast This Key Sign Of Stock Market Leadership
- Amazon stock, Carvana, Uber Technologies and General Electric are among the best stocks to buy and watch in today's market.
- 09/12/2023
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7 Doomed Stocks to Kick to the Curb Right Now
- It's been a tough few years for the bears. It feels like decades ago, but 2019's flash crash had doomsayers predicting another 2008-style financial crisis.
- 09/11/2023
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A Bull Market Could Be Here: 2 Reasons to Buy Carvana Stock
- Thanks to a debt deal, Carvana shares have been on a tear in 2023. Carvana's total addressable market is incredibly large.
- 09/10/2023
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Where Will Carvana Stock Be in 3 Years?
- Shares have soared this year, but Carvana remains a risky investment. Growth depends on selling more cars on the platform.
- 09/10/2023
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1 Red-Hot Stock to Avoid at All Costs
- This stock is up big in 2023, but that doesn't make it a good buy.
- 09/09/2023
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3 Stocks with Exposure to the Multibillion Dollar Pickleball Boom
- America's fastest growing sport, five years running, pickleball, is taking over neighborhood tennis courts and taking the country by storm. More than 48 million U.S. adults have stepped onto a pickleball court over the past year.
- 09/08/2023
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Correction Protection: 3 Stocks to Sell Before the Market Takes a Dive
- While the US stock market is going through uncertainties, investors need to navigate the turbulent waters of the stock market with caution. As economic tides flow high, even the mightiest giants can find themselves listed as stocks to sell.
- 09/08/2023
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3 Stocks Getting Ready to Sink as Consumer Wallets Keep Getting Squeezed
- Consumers are feeling the pinch. The Bureau of Labor Statistics (BLS) dramatically lowered June's jobs numbers for the second time.
- 09/04/2023
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Short squeeze alert for September 4th: Two stocks with potential to skyrocket
- A short squeeze is when traders who heavily short a stock start to cover their short positions by buying back the stock. This increases demand for the stock, and it pushes the price higher, forcing other short sellers to buy back.
- 09/04/2023
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Why Carvana Surged This Week
- Carvana's CEO and his father bought a huge amount of shares in the open market. The company completed its previously-announced debt exchange.
- 09/01/2023
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Carvana's Used Car Sales Keep Falling. Should Investors Be Concerned?
- Carvana's balance sheet has been the center of attention for investors in 2023. The company inked a deal that helped buy it more time to strengthen its finances.
- 09/01/2023
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Fall Clean-Up: 7 Stocks to Let Go Before Autumn Begins
- With just a month left before the final calendar quarter of 2023 begins, now may be a time to consider stocks to sell in Autumn. I know – it's not the most pleasant of topics.
- 08/31/2023
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3 of Wall Street's Most Shorted Stocks Due for a Massive Short Squeeze
- Short selling is a risky strategy that involves betting against a stock's price, hoping that it will fall and generate profits for the trader. However, when a stock rises instead of falls, short sellers face the risk of a short squeeze, which is a sudden and sharp increase in the stock's price due to high demand and low supply.
- 08/30/2023
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Carvana Co. (CVNA) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Carvana (CVNA). This makes it worthwhile to examine what the stock has in store.
- 08/30/2023
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3 Consumer Goods Stocks Due for a Massive Short Squeeze
- The stock market has primarily been on a tear this year. Year-to-date, the S&P500 and the Nasdaq indices have risen 14.75% and 35.44%, respectively.
- 08/29/2023
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The Bull Case for Carvana into Year-end
- Carvana shares are up more than 800% year-to-date. Stock Strategist Andrew Rocco breaks down why the bull move still has meat on the bone into year-end.
- 08/28/2023
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Why Carvana Stock Was Surging Today
- Illinois lawmakers passed a law allowing home delivery of car purchases in the state. In addition, the CEO bought some 3.1 million shares of the stock.
- 08/28/2023
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The Father of Carvana's CEO Is Betting Big on CVNA Stock
- Among the several nearly bankrupt companies out there making a comeback, Carvana (NYSE: CVNA ) is perhaps among the most intriguing. Shares of CVNA stock opened the year at less than $5 per share.
- 08/28/2023
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1 Reason Carvana Stock Is a Screaming Buy, and 1 Reason to Avoid It Like the Plague
- Carvana shares have crushed the market in 2023, a stark reversal from its steep plummet last year. The company's total addressable market is huge.
- 08/23/2023
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The Next Meme Stock: 6 Tickers Leading a Meme Stock Revival
- Meme stocks are low-priced stocks that ran up in price for no particular fundamental reason other than short-squeezes perpetuated by retail investor enthusiasm and social media hype. The ridiculous nature of the underlying price move exposed it to ridicule with clever memes that would gain popularity and go viral.
- 08/18/2023
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Don't Like Carvana? You Might Love CarGurus
- It seems customary to put valuations on high-growth internet stocks that are absolutely insane. Yet CarGurus Inc. ( CARG , Financial) seems to get different treatment.
- 08/11/2023
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Trending stocks August 11, 2023: Carvana, MercadoLibre, Stanley Black & Decker
- Yahoo Finance anchors Julie Hyman, Brad Smith, and Rachelle Akuffo report on the latest stock market news including the S&P 500 (^GSPC) trading lower as the July Producer Price Index came in at 0.3%, which was higher than expected. MercadoLibre (MELI) announcing it will be appointing Martín de los Santos as its new CFO.
- 08/11/2023
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Buy Carvana (CVNA) on Raised Profit View or Sell the Rally?
- From near bankruptcy, Carvana's (CVNA) impressive revival has captured attention. While positive strides are visible, it might just be too soon to enter the stock's turnaround.
- 08/11/2023
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CPI Comes in Soft
- July CPI is below estimates
- 08/10/2023
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Carvana Outlook Impresses, the Stock Rises. This Risk Remains.
- Baird analyst Colin Sebastian hiked his price target for the used-car seller's shares.
- 08/10/2023
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Danger! These 3 Growth Stocks Are a Definite No-Go for Investors.
- Investing in growth stocks can be risky, especially for those migrating into new markets or turnaround ventures. Personally, I've experienced losses from such endeavors.
- 08/10/2023
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CVNA Stock Alert: What to Know as Carvana Boosts Q3 Outlook
- On paper, automotive e-commerce platform Carvana (NYSE: CVNA ) seemingly offers much to celebrate as it announced an improved outlook for its third quarter. Progress in key business drivers and strong momentum early in the quarter led to a positive disclosure.
- 08/09/2023
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Carvana Stock Jumps After Used-Car Dealer Raises Outlook
- Carvana said it expects gross profit per unit, on an adjusted basis, to come in above $5,500 for the third quarter that ends in September. That's higher than the forecast of above $5,000 shared previously.
- 08/09/2023
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Carvana shares gain after co expects Q3 core profit to be above $75 mln
- Used-car retailer Carvana expects its third-quarter adjusted core profit to be above $75 mln, sending its shares up 8.8% in premarket trading on Wednesday.
- 08/09/2023
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2 Rocketing Stocks to Avoid
- Carvana stock has soared this year, and a recent debt restructuring deal doesn't solve the company's core problem. Wayfair stock has more than doubled as sales have bottomed out, but real profits are still elusive.
- 08/08/2023
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Why Carvana's Stock Soared 77% in July
- Carvana reported a higher gross profit and a smaller net loss in its latest quarterly results. The used-car retailer also reached a deal with noteholders to reduce a portion of its heavy debt load.
- 08/08/2023
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8 Best Meme Stocks to Buy Now
- The rise of meme stocks was one of the biggest stories during the volatile markets of 2020 and 2021. While many stocks saw unexpectedly impressive gains as the COVID-19 pandemic raged, the meme stocks were going parabolic thanks to a combination of government money, irrational enthusiasm and social media virality.
- 08/07/2023
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Short squeeze alert: Carvana and C3.ai stocks poised for take-off
- Trading short squeeze stocks was one of the main strategies during the meme stock mania in 2021. Those who managed to get in before the short squeeze started were highly rewarded.
- 08/04/2023
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Does Carvana's Debt Deal Set Shareholders Up for Losses?
- The stock is already up by around 900% this year. Carvana is diluting shareholders to raise money.
- 08/03/2023
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Carvana, The Online Used-Car Company, Adds Same-Day Delivery In Some Markets
- Many used-car shoppers still want to drive a car home, the same day they buy it.
- 08/03/2023
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3 Market "Hotspots" to Keep an Eye on
- The major US indices, Bitcoin, and heavily shorted stocks are set to see a plethora of action and opportunities.
- 08/02/2023
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Carvana Stock: Buy, Sell, or Hold?
- Carvana reported positive second-quarter results that investors loved. Its financial situation has improved thanks to a debt restructuring.
- 08/02/2023
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Is It Finally Time for Investors to Jump On the Carvana Bandwagon?
- Carvana reported records for total GPU and adjusted EBITDA margin during the second quarter. Management restructuring the debt merely kicks the can down the road.
- 08/02/2023
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Carvana Stock Dip Presents Attractive Entry Point
- Subscribers to Schaeffer's Weekend Trader options recommendation service received this CVNA commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.
- 08/01/2023
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Carvana Stock Up 892%, Redditors Cheer As Shorts Get Squeezed
- Carvana stock has had a nice run so far in 2023 — soaring 892%.
- 08/01/2023
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CVNA Stock Price Prediction: Is Carvana Really Worth Just $30?
- Carvana (NYSE: CVNA ) stock is on the move Monday following a new price prediction for the used-car retailer's shares. Jefferies analyst John Colantuoni is behind this news as he dropped his price target for CVNA shares from $55 per share to $30 per share.
- 07/31/2023
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Carvana's stock downgraded once more as analyst says Wall Street overlooks these risks
- Shares of Carvana Cos. are in the midst of a roaring rally this year, but one analyst thinks Wall Street isn't appropriately considering risks facing the used-car retailer.
- 07/31/2023
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Did Carvana Just Save Itself? Here's What Investors Should Know
- Carvana made a deal with its bondholders to restructure its loans and delay interest payments. It also announced Q2 earnings, which saw declining revenue but improving profits.
- 07/28/2023
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Carvana's stock ‘second chance' is already priced in, Morgan Stanley says
- Carvana Co.'s stock deserves to rally after the company's “stronger” quarterly results and improvements in capital structure, but the auto retailer's “second chance for success” is already priced in, analysts at Morgan Stanley said in a note Thursday.
- 07/27/2023
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CVNA Stock Alert: Morgan Stanley Downgrades Carvana
- Carvana (NYSE: CVNA ) stock is on the move Thursday after the used-car retailer's shares were hit with a downgrade from Morgan Stanley. Analyst Adam Jonas is behind this as he drops shares of CVNA stock from an “equal weight” rating to an “underweight” rating.
- 07/27/2023
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Carvana Stock: Buy, Sell, or Hold?
- Investors were excited to see Carvana reach a deal with its lenders, giving it much-needed financial breathing room. The stock price rose 40% in a single day on the news.
- 07/27/2023
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Why Ally Financial's Lousy Q2 Could Signal a Problem for Carvana
- Auto loan delinquencies are up, as are charge-offs. Lenders are also tightening their purse strings, suggesting they see growing risks.
- 07/27/2023
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Carvana's Bet on Debt Restructuring
- Plus a look at the latest earnings report from Goldman Sachs and other market news.
- 07/24/2023
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Time to Buy Activision Blizzard (ATVI) or Carvana (CVNA) Stock After Earnings?
- Activision Blizzard (ATVI) and Carvana (CVNA) were able to beat earnings expectations last Wednesday, adding fuel to the notion that now may be a good time to buy.
- 07/24/2023
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Huge News for Carvana Stock Investors
- Carvana announced major updates that are likely to have massive implications for investors.
- 07/24/2023
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Carvana to Present at Upcoming J.P. Morgan Automotive Conference
- PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced that senior management will present to the investor community and host meetings at the following conference. 2023 J.P. Morgan Automotive Conference Presentation Date: Wednesday, August 9, 2023* Location: 383 Madison Avenue, New York City *A webcast of the presentation will be accessible on the investor relations section of the Carvana website (https://investors.c.
- 07/24/2023
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Financial markets are upside down, says Morgan Stanley, and investors can take advantage
- The reweighting of the Nasdaq 100 and the expiration of some $2 trillion worth of options is out of the way. Now it's time for an onslaught of earnings, as well as rate decisions from the Fed, European Central Bank and Bank of Japan, before the summer really gets into sleepy territory.
- 07/24/2023
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Carvana Is Beaten Down Now, But It Could 10x
- Carvana's stock is 86% off its all-time high. It's hard to ignore Carvana's disruptive potential and growth prospects.
- 07/22/2023
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Carvana: Dubious Debt Deal Delays Default
- Carvana Co. ( CVNA , Financial) has been struggling with debt for years, thanks to its aggressive growth strategy that relied heavily on loans to fuel expansion of its used car business. The company's debt problems have only increased over time, with its long-term debt balance more than doubling in 2022 to $6.57 billion.
- 07/21/2023
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Piper Sandler Just Issued a Warning on Carvana (CVNA) Stock
- Shares of Carvana (NYSE: CVNA ) have stunned their doubters, and Friday's 3.5% decline is doing very little to make them feel better. The same can be said about the 16% decline in CVNA stock on Thursday.
- 07/21/2023
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Why Carvana Stock Soared This Week
- Carvana popped this week after reporting better-than-expected Q2 results and a favorable deal with noteholders. Shares gave up about half that post-earnings gain as analysts downgraded the stock.
- 07/21/2023
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Carvana Co. (CVNA) Q2 2023 Earnings Call Transcript
- Carvana Co. (NYSE:CVNA ) Q2 2023 Earnings Call Transcript July 19, 2023 8:00 AM ET Company Participants Meg Kehan - IR Ernie Garcia - CEO Mark Jenkins - CFO Conference Call Participants Ronald Josey - Citigroup Michael Montani - Evercore ISI Seth Basham - Wedbush Securities Benjamin Johnson - Piper Sandler Michael Baker - D.A. Davidson Chris Bottiglieri - BNP Paribas Exane Rajat Gupta - JPMorgan Brad Erickson - RBC Brian Nagel - Oppenheimer Nicholas Jones - JMP Operator Good day, and welcome to the Carvana Second Quarter 2023 Earnings Conference Call.
- 07/21/2023
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Carvana Catches Another Downgrade
- The used-car retailer posted strong quarterly results, but some analysts are still concerned about the company's fundamentals.
- 07/21/2023
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Carvana (CVNA) Is Attractively Priced Despite Fast-paced Momentum
- Carvana (CVNA) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 07/21/2023
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Why Is Carvana (CVNA) Stock Down Today?
- Carvana (NYSE: CVNA ) stock is sliding lower on Friday after the used-car retailer's shares were downgraded by Piper Sandler. That downgrade has analyst Alexander Potter dropping shares of CVNA stock from an “overweight” rating to a “neutral” rating.
- 07/21/2023
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Carvana's stock catches another downgrade as questions linger — despite recent momentum
- Even though Carvana Co. “overachieved on nearly every metric” in its latest quarter and announced a much-cheered debt deal, its shares may not have a lot more upside.
- 07/21/2023
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Is It Too Late to Buy Carvana Stock?
- Carvana's gross profit per vehicle soared in its latest quarter.
- 07/21/2023
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Carvana Case Study: Anatomy of a Winning Trade
- “There is nothing new on Wall Street. There can't be because speculation is as old as the hills.
- 07/20/2023
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Why Carvana Stock Got Crushed Today
- Yesterday's gains haven't been wiped out, but a big chunk are now gone. Analysts are now reacting to earnings, with RBC lowering its rating on the stock.
- 07/20/2023
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CVNA Stock Alert: Is Carvana on the Brink of Default?
- Starting off the year at $4.63 per share, Carvana (NYSE: CVNA ) stock has gone on an absolutely incredible ride. At the time of writing, CVNA stock has seen gains of more than 1,000% in 2023, now sitting above $47 per share.
- 07/20/2023
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Carvana Was Never at Risk of Bankruptcy, CEO Garcia Says
- Carvana Chairman and CEO Ernie Garcia says the used-car dealer was in "much better shape" than many believed before the restructuring of its debt, and never neared bankruptcy. "We were never there (bankruptcy), he says on "Bloomberg Markets.
- 07/20/2023
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Carvana (CVNA) Q2 Earnings Top on Higher-Than-Expected GPU
- Carvana (CVNA) exceeds its goals of generating positive adjusted EBITDA in Q2. It aims to achieve positive adjusted EBITDA for the second straight quarter in the July-September period.
- 07/20/2023
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Why Carvana (CVNA) Stock Is Up 1,000% in 2023
- Shares of Carvana (NYSE: CVNA ) stock have accelerated higher by about 1,000% this year, surprising investors across the board. At the beginning of the year, CVNA stock traded for less than $5 per share.
- 07/20/2023
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Here's Exactly How Carvana Is Slashing Down $1.2 Billion of Debt -- Does This Signal a Magnificent Buying Opportunity?"
- Carvana has eliminated $1.2 billion in debt and reduced near-term interest payments. The online used-car retailer is also raising $1 billion through an equity offering.
- 07/20/2023
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Carvana's (CVNA) Shares Surge on Debt Deal With Bondholders
- Carvana's (CVNA) shares jump as more than $1 billion debt gets wiped out on new debt deal.
- 07/20/2023
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Carvana Stock Has Soared More Than 1,000% This Year. Time to Sell?
- The online car dealer's valuation has crossed into speculative territory. CarMax is a more conservatively valued and lower-risk investment idea for investors in the e-commerce auto-dealer space.
- 07/20/2023
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Carvana Shares Skyrocket 40% After Strong Q2, Options Traders Bet On Rally Continuing - Carvana (NYSE:CVNA)
- Carvana Co. CVNA shares traded sharply higher on Wednesday after the company reported better-than-expected second-quarter sales and guided positive adjusted EBITDA for the third quarter.
- 07/20/2023
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Carvana's rousing stock rally prompts one analyst to slam the brakes
- RBC Capital Markets analyst Brad Erickson is pumping the brakes after an eye-popping surge in shares of Carvana Co.
- 07/20/2023
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Carvana's Debt Restructuring Doesn't Really Solve Anything
- Carvana struck a deal with most of its lenders to issue shares, swap notes, and reduce its debt. This solves the near-term issue of survival, but the debt will balloon back over the next two years as interest payments are made in the form of additional debt.
- 07/20/2023
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'Risk appetite is back', says SoFi's Liz Young on Carvana's stock jump
- Liz Young, SoFi head of investment strategy, joins 'Last Call' to talk Carvana's massive stock gains, meme stocks making a comeback and more.
- 07/19/2023
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Carvana CEO Ernie Garcia: This comeback happened because customers love our model
- Carvana CEO Ernie Garcia joins 'Mad Money' host Jim Cramer to talk today's stock move, the state of the company after a rough year and more.
- 07/19/2023
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Carvana CEO Ernie Garcia: I think we have 'more comeback in us'
- Carvana CEO Ernie Garcia joins 'Mad Money' host Jim Cramer to talk today's stock move, the state of the company after a rough year and more.
- 07/19/2023
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Options Action: Bulls looking for short-term action for Carvana
- Mike Khouw, Optimize Advisors president, joins CNBC's Melissa Lee and the Options Action traders to talk Carvana.
- 07/19/2023
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Carvana Stock Up 40% After It Announced A Debt Reduction Deal— Rally Comes After Plummet Last Year
- The online used car dealer seems to be bouncing back after its stock dropped nearly 100% last year.
- 07/19/2023
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It's Time to Press Pause on Carvana
- Shares of Carvana Co. ( CVNA , Financial) have gained an eye-popping 1,000% this year with the online car retailer making a strong comeback to shake off bankruptcy rumors. Even after this meteoric rise, at the current market price of around $50, the stock is still trading almost 80% below its 2021 highs, which goes to show the catastrophic decline in its market value from mid-2021 to December 2022.
- 07/19/2023
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Handling a Raging Bull Market (5 Tips)
- In a raging bull market, investors best serve themselves by exuding patience, managing emotions, and implementing common-sense measures. Strategist Andrew Rocco provides 5 timely tips.
- 07/19/2023
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Trending Stocks July 19, 2023: Carvana, Constellation Brands, Goldman Sachs
- Yahoo Finance Brian Sozzi breaks down the trending stocks for July 19, 2023 including Carvana, Constellation Brands and Goldman Sachs.
- 07/19/2023
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Why Carvana Stock Skyrocketed Today
- Carvana posted stronger-than-expected revenue and narrowed its net losses in the second quarter. The online used car dealer also struck an agreement with debtholders to improve its financial position.
- 07/19/2023
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Carvana's business model has yet to be proven, says Empire Financial's Herb Greenberg
- Herb Greenberg, senior editor at Empire Financial, joins 'The Exchange' to discuss why Carvana shares are jumping following a $1.2 billion debt deal, short sellers betting on Carvana, and disruption due to meme stock investors.
- 07/19/2023
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The liquidity drain isn't crashing U.S. markets as feared. Here's a big reason why.
- The U.S. stock market hasn't found a reason to call it quits yet on the 2023 rally, despite a flood of Treasury debt issuance at plump yields which is helping to drain liquidity from financial markets.
- 07/19/2023
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Carvana shares surge on deal to cut debt by $1.2B
- Shares of Carvana are up big on Wall Street midweek after a deal the used-car retailer landed with some of its bondholders to cut over $1 billion in outstanding debt.
- 07/19/2023
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Carvana's debt restructuring is good news, but its losses are ‘hardly in the growth stock handbook,' analyst says
- Carvana Co. cheered investors on Wednesday with news it has reached an agreement with bondholders that will reduce its debt by $1.2 billion.
- 07/19/2023
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Carvana's stock has roared back from the brink. This chart shows its meteoric surge.
- Carvana Co. shares have gained nearly 1,000% this year, a move harder to wrap around one's head considering that it follows two straight years of losses for the stock and concerns about the company's viability.
- 07/19/2023
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Market Rally Continues at Midday on More Positive Earnings Reports
- The rally in U.S. equities continued at midday on July 19, 2023, buoyed by more strong earnings reports.
- 07/19/2023
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Carvana shares surge on debt deal as unprofitable tech stocks rebound
- CNBC's Deirdre Bosa reports on the latest news from technology stocks that were abandoned in 2022.
- 07/19/2023
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Carvana stock surges 30% after it reaches a massive debt reduction deal
- Shares of Carvana, the online used-car seller known for its tall, glass car-vending machines, surged by more than 30% in early trading Wednesday after the company reached a debt restructuring agreement.
- 07/19/2023
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Carvana Reworks Debt, Posts Q2 Records, and Announces $1 Billion Stock Sale
- Carvana shares soared after the online used car retailer restructured its debt and reported record-setting quarterly EBITDA and gross profit per unit.
- 07/19/2023
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These 2 Stocks Are Soaring Wednesday Morning
- Stock markets kept gaining ground early Wednesday. Carvana announced a debt restructuring deal that will buy it time before having to repay obligations.
- 07/19/2023
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Carvana Stock Surges on Debt Deal, Strong Q2 Results
- Carvana Co (NYSE:CVNA) advanced its earnings report, earlier announcing smaller-than-expected second-quarter losses of 55 cents per share and a revenue beat of $2.97 billion -- its best quarter on record.
- 07/19/2023
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Earnings Previews: American Express, CSX, Intuitive Surgical, Schlumberger (Plus a Carvana Surprise)
- Before U.S. markets opened on Wednesday, Carvana Co. (NYSE: CVNA) reported quarterly results earlier than originally planned.
- 07/19/2023
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Carvana stock soars on plan to trim debt by $1.2 billion
- Yahoo Finance Senior Reporter Pras Subramanian breaks down Carvana earnings, and the stock jumping on the deal that aims to trim the company's debt by $1.2 billion
- 07/19/2023
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Carvana: The Bankruptcy That Wasn't
- Carvana Co. has announced a major restructuring of its capital base, including a debt restructuring that will lower cash interest expense by over $430 million per year for the next two years. The company is also offering 35 million shares, expected to raise over $350 million, which will further bolster the company's cash balance and stave off bankruptcy for the foreseeable future. Despite weak fundamentals, the massive liquidity and cash infusion will prop-up the company for at least another 12 months, which is expected to lead to increasing short-covering and a rise in equity price.
- 07/19/2023
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The Squeeze Is On For Carvana Stock Prices
- Carvana NASDAQ: CVNA has struggled to regain business and stock price traction for the last year. The stock price has suffered from significant short-selling with short interest over 50% of the float.
- 07/19/2023
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Carvana Strikes Deal to Avert Cash Crunch
- The used-car seller will sell stock and pledge assets to back new debt.
- 07/19/2023
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Carvana Debt Swap: That Wasn't Good News
- Carvana Co.'s shares are up 40% premarket on July 19th after reporting a small positive "adjusted EBITDA" and a significant debt swap deal. Despite the positive headlines, the company still posted a GAAP loss of $58 million for Q2. This smaller loss was helped by nonrecurring gains and cuts in advertising. The debt swap is onerous and significantly increases GAAP interest expense but allows the company to conserve cash for the next 2 years.
- 07/19/2023
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Carvana rallies on debt restructure, positive 2Q underlying earnings
- Carvana Co. (NYSE:CVNA) shares jumped by over a third after it reported a big improvement in second-quarter earnings and announced an agreement to cut total outstanding debt by over $1.2 billion. Alongside its 2Q results, the online used car dealer said in a statement that the agreement with noteholders will eliminate more than 83% of its 2025 and 2027 unsecured note maturities and lower required cash interest expense by over $430 million per year for the next two years.
- 07/19/2023
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CVNA Stock Alert: Did Carvana Just Save Its Own Life?
- Carvana (NASDAQ: CVNA ), the online used car dealer, announced a plan to cut its debt costs, helping the stock to a 39% gain overnight, following a 9% gain on July 18. Management took advantage of the debt deal, filing to sell up to 35 million new shares and raise $350 million.
- 07/19/2023
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Carvana (CVNA) Reports Q2 Loss, Tops Revenue Estimates
- Carvana (CVNA) came out with a quarterly loss of $0.55 per share versus the Zacks Consensus Estimate of a loss of $1.13. This compares to loss of $2.35 per share a year ago.
- 07/19/2023
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Why Is Carvana (CVNA) Stock Up 24% Today?
- Carvana (NYSE: CVNA ) stock is rocketing higher on Wednesday following the release of the used-car retailer's earnings report for the second quarter of 2023. The big news sending shares of CVNA stock higher today is the company's revenue of $3.88 billion.
- 07/19/2023
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5 Things to Know Before Markets Open
- Goldman Sachs leads another day of bank earnings and housing starts are expected to have pulled back in June after a jump in May. Here's what investors need to know today.
- 07/19/2023
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Carvana shares soar 30% on deal to reduce debt by $1.2 billion
- Carvana said the agreement will eliminate more than 83% of Carvana's 2025 and 2027 unsecured note maturities and lower its required cash interest expense.
- 07/19/2023
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Carvana's stock rockets after earnings bring big sales beat
- Shares of Carvana Co. were surging 31% in premarket trading Wednesday after the used-car retailer easily topped sales expectations for its latest quarter and announced a deal with noteholders to restructure its debt.
- 07/19/2023
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What happened in Beijing? Here are two theories on what it means for markets
- There was, one could say, a highly speculative story from the New York Post that Treasury Secretary Janet Yellen may have consumed hallucinogenic mushrooms during her trip to China. CNN offered a bit more detail, pointing out the mushrooms are not hallucinogenic when cooked, which the restaurant where she dined insists they were.
- 07/19/2023
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Carvana enters deal with noteholders to cut debt by $1.2 bln
- Used-car retailer Carvana said on Wednesday it entered into an agreement with noteholders to reduce its total debt outstanding by over $1.2 billion.
- 07/19/2023
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Netflix stock nudges higher ahead of results, Carvana shares slide and other stocks on the move
- AT&T T, -0.59% and Verizon Communications VZ, +2.57% each saw their stock rise by 3%. AT&T said in a Tuesday court filing that it would hold off on prior plans to remove lead-sheathed cables running underneath California's Lake Tahoe amid recent reporting on the legacy cables.
- 07/19/2023
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Carvana Stock Tumbles After Moving Earnings Up to Wednesday
- The online auto retailer will now report earnings before the market opens Wednesday, having previously set a date of Aug. 3 for its results.
- 07/19/2023
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Carvana spooks market by moving up results, stock down 9%
- Shares of Carvana Co. CVNA, +8.95% dropped more than 9% in the extended session Tuesday after the online auto retailer spooked markets by moving forward its quarterly results. Carvana said that it will report second-quarter numbers before the bell Wednesday, a full two weeks ahead of their previously scheduled release.
- 07/18/2023
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Carvana to Report Second Quarter 2023 and Host Quarterly Conference Call on July 19
- PHOENIX--(BUSINESS WIRE)--Carvana to Report Second Quarter 2023 and Host Quarterly Conference Call on July 19, 2023.
- 07/18/2023
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Carvana Co. (CVNA) Is a Trending Stock: Facts to Know Before Betting on It
- Zacks.com users have recently been watching Carvana (CVNA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 07/18/2023
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The Crash Course: Why Carvana's Soaring Stock Is Set for a Fall
- Holding Carvana (NYSE: CVNA ) stock now is a dangerous proposition. Sure, it could go higher if there's an epic short squeeze, but the hype fuel could run out anytime.
- 07/18/2023
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3 Millionaire-Maker Stocks to Buy Before the Window Closes
- With this bullish market momentum, many investors are looking for millionaire-maker stocks. Indeed, making a million dollars with any investment likely requires a big up-front capital allocation.
- 07/17/2023
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Up 700%, Is Carvana Stock a Bubble Ready to Burst?
- A short squeeze may be driving up shares of the used-car marketplace. The fundamentals of the business are improving, but it's still burning cash.
- 07/17/2023
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The Untold Story Of HyperSport, Carvana's Mysterious And Scandal-Plagued Former Vendor
- HyperSport Industries, an automotive reconditioning contractor, benefited from Carvana's rapid growth. Now former Carvana employees are accusing HyperSport of "sheisty" dealings–including stealing from Carvana.
- 07/16/2023
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Why Auto Stocks Popped (And Then Dropped) This Week
- Short interest had built in some well-known auto stocks and that may have driven a short squeeze. Data from the industry was mixed with new vehicle sales up big but prices for used cars coming down.
- 07/15/2023
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7 Hypergrowth Stocks That AI Is Loving in July
- Some stocks have skyrocketed year to date. Indeed, shares of some technology companies more than doubled over the last six months.
- 07/14/2023
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Caution! Don't Get Greedy With These 3 Growth Stocks.
- The stock market has seen a strong rally in 2023, with the Nasdaq Composite up nearly 30% year-to-date. This has led to overvaluation in many growth stocks.
- 07/14/2023
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Investors are once again chasing some of the most speculative names in the stock market
- Animal spirits have returned to the stock market as investors again pile into high-risk names. Carvana, for example, has soared nearly 700% year-to-date even as it navigates a precarious financial position.
- 07/14/2023
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Carvana stock could crash over 70%: JPMorgan warns
- Carvana Co (NYSE: CVNA) is grossly overvalued and runs the risk of a sharp decline in the coming months, says Rajat Gupta – a JPMorgan analyst.
- 07/13/2023
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Carvana Analysts Confused On What's Next After 668% Rally; Shares Dive
- Some Carvana analysts see positive signs. Others see current stock price reflecting inflated expectations for the auto market disrupter.
- 07/13/2023
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Carvana stock slides on JPMorgan downgrade
- Yahoo Finance anchors Brad Smith and Julie Hyman report on Carvana shares falling as the stock received a downgrade from JPMorgan to "underweight" from "neutral."
- 07/13/2023
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Why Is Carvana (CVNA) Stock Down 5% Today?
- Carvana (NYSE: CVNA ) stock is falling on Thursday after JPMorgan analyst Rajat Gupta downgraded the used-car retailer's shares. The JPMorgan analyst dropped shares of CVNA stock from a “neutral” rating to an “underweight” rating.
- 07/13/2023
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Carvana Options Traders See Stock Surging Even More, After Shares Rise 739% Year-To-Date - Carvana (NYSE:CVNA)
- Carvana Co. CVNA shares traded higher on Wednesday after JMP Securities raised its price target on the stock.
- 07/13/2023
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Carvana Stock Is Falling. J.P. Morgan Turns Bearish.
- J.P. Morgan analysts downgraded Carvana stock to Underweight from Neutral after the used-car retailer's recent sharp rally.
- 07/13/2023
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Carvana (CVNA) Surges 9.3%: Is This an Indication of Further Gains?
- Carvana (CVNA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
- 07/13/2023
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Carvana stock clipped by call to sell by J.P. Morgan
- Shares of Carvana Co. were knocked down Thursday, following a stunning rally this year, after J.P. Morgan's Rajat Gupta recommended investors sell because the stock has “disconnected materially” from fundamentals again.
- 07/13/2023
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Unveiling Carvana's Surge (Rating Downgrade)
- Carvana's stock has surged by 500% since May 2023, with the company now boasting a market capitalization of $8 billion. Congratulations to all who joined the ride. While some media outlets attribute this surge to a short squeeze, we believe there are other significant factors at play. Furthermore, we will discuss what actions shareholders should take and what they should keep an eye on when the stock price reaches the desired target.
- 07/13/2023
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Options Action: Bullish bets on Carvana
- Brian Stutland, Equity Armor Investments, joins CNBC's Melissa Lee and the Fast Money traders to talk Carvana action.
- 07/12/2023
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Why Carvana Stock Jumped Today
- One analyst doubled his price target on the used car dealer. This morning's inflation report also brought good news for Carvana.
- 07/12/2023
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Meme Stocks Alert: r/WallStreetBets Wins in Court Decision
- Meme stocks are a hot topic among traders today after subreddit r/WallStreetBets recently won a battle in court. This battle came about as Jaime Rogozinski, founder of the WallStreetBets subreddit, was seeking damages connected to its ousting from the forum.
- 07/12/2023
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CVNA Stock Pops as JMP Boosts Carvana Price Target
- Carvana (NYSE: CVNA ) stock is getting a boost on Wednesday after JMP Securities analysts weighed in on the used-car retailer's shares today. The big news here is JMP Securities analyst Nicholas Jones raising his price target for CVNA stock from $25 per share to $50 per share.
- 07/12/2023
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The Paradox of Unprofitable High-Growth Stocks: Outperformance in the Face of Financial Challenges
- The Speculative Juices are Flowing
- 07/12/2023
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Carvana's stock could ride to $50, JMP analyst says
- JMP Securities analyst Nicholas Jones has doubled his price target on shares of Carvana Co. CVNA, +3.79% to $50, “entirely due to multiple expansion,” he wrote Tuesday.
- 07/12/2023
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Root: The Carvana Short Squeeze Sympathy Play
- Carvana Co. has seen a 600% increase in 2023 due to improving financial performance and growth in the electric vehicle market. Carvana's success is expected to benefit Root, Inc., with whom they have a partnership for integrated auto insurance, and a $126 million investment. While ROOT has a short interest of 18% which is small relative to CVNA's, its days to cover is far greater than CVNA, making it a great short squeeze candidate.
- 07/12/2023
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Carvana Is Rallying Fast, But It's Still a High-Risk Investment
- When investing in the stock market, or even just evaluating large purchases such as a car or home, it's important not to remain anchored on data points that no longer apply.
- 07/11/2023
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This Is Carvana Stock's Biggest Risk
- Carvana is overloaded with debt, and it has no good options to deal with it. The company remains chronically unprofitable.
- 07/11/2023
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3 Stocks to Sell for Stubbornly High Inflation
- As the ghost of inflation continues to haunt the U.S. economy, investors have the daunting task of navigating the choppy financial markets. Amid the uncertainty, high-risk stocks in inflation are under the scanner for most investors.
- 07/11/2023
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Carvana Shares Charged Up by EV Sales Data
- Carvana shares jumped over 14% in intraday trading on Monday after the online used car dealer said sales of electric vehicles (EV) have skyrocketed.
- 07/10/2023
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Why Carvana Stock Is Up 14% Today
- Headlines suggest the used car dealer's costs are going down. At the same time, Carvana stock's rally may be at least partially fueled by a wave of purchases that are only meant to cover existing short positions.
- 07/10/2023
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Carvana stock rallies on exponential growth in its EV segment
- Carvana Co (NYSE: CVNA) gained as much as 15% this morning after reporting exponential growth in its EV segment. Carvana reveals top-selling used electric vehicles On Monday, the Tempe-headquartered company published its list of ten best-selling used electric vehicles for the first six months of this year.
- 07/10/2023
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7 Stocks to Sell in July Before They Crash and Burn
- Another round of stock market volatility may be just around the corner. This suggests that now is the right time to figure out what stocks to sell in July.
- 07/10/2023
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4 Short-Squeeze Stocks Up 78% to 250% and Looking for More
- Excessive short-selling can create lucrative short squeezes. Beware! A short squeeze is risky and isn't part of a long-term investing strategy.
- 07/09/2023
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Dear CVNA Stock Fans, Mark Your Calendars for Aug. 3
- One of the rags-to-riches tales of the market this year, Carvana (NYSE: CVNA ) continues to astound investors, popping up 20% as of this writing on Friday despite little-to-no company-specific news. However, management did disclose on Thursday that it will release its second-quarter earnings report on Aug. 3.
- 07/07/2023
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Here's How Carvana Stock Doubled Last Month
- As usual, Carvana's stock showed lots of volatility in June. The stock's action was influenced by an upgraded credit rating, revised financial guidance, and a short squeeze.
- 07/06/2023
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Brace Yourself! These 7 Hot Stocks Look Ready to Tumble
- The U.S. economy as a whole is performing very well, with the labor market remaining very strong. Additionally, GDP continues to expand rapidly, powered by large increases in personal consumption.
- 07/05/2023
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5 Millionaire-Maker Stocks AI Thinks You Should Buy
- This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here.
- 07/03/2023
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3 Stocks That Just Have No More Hope Left
- When you're looking at which stocks to sell, don't get too caught up in hope. In the investment game, hope is a currency of optimism.
- 07/03/2023
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It's All About Liquidity - David Trainer
- David Trainer discusses sectors, stocks and investing strategies. For near-term, it's really all about liquidity.
- 07/03/2023
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Don't Fall for It! 7 Overhyped Stocks to Avoid
- When it comes to investing, not all that glitters is gold. In fact, the shiny overhyped stocks often blind us to the inherent risks in capital markets, trading at prices completely divorced from their fundamentals.
- 07/02/2023
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Can This High-Risk Growth Stock Make You Richer In 10 Years?
- Carvana's shares have been on an absolute tear so far in 2023. Its disruptive potential, growth runway, and low valuation could reward patient investors.
- 06/30/2023
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Why Carvana Stock Jumped This Week
- Shares of Carvana finished the week about 19% higher than they started. The company recently said it now expects $50 million of adjusted EBITDA in Q2 -- a figure well above the consensus analyst forecast at the time.
- 06/30/2023
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3 Tech Stocks That Just Have No More Hope Left
- 2023 has been a great year for the Nasdaq, with the tech-heavy index up 30%. With inflation moderating and the Federal Reserve seemingly set to pivot in its interest rate hike campaign, things are looking up.
- 06/29/2023
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Carvana stock zooms to best day since September
- Shares of Carvana Co. CVNA, +7.57% rallied more than 10% in midday trading Wednesday, on track for their highest close since Sept. 28, and up nearly 30% in the past two sessions.
- 06/28/2023
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Why Investors Need to Take Advantage of These 2 Retail and Wholesale Stocks Now
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 06/26/2023
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3 Stocks to Avoid This Week
- There are near-term concerns for Carvana, H.B. Fuller, and Walgreens Boots Alliance this week.
- 06/26/2023
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Why Is Carvana (CVNA) Stock Down 14% Today?
- On yet another down day in the market, investors may not be surprised to see some red on the screen. However, for investors in online car retailer Carvana (NYSE: CVNA ), today's price action may be surprising to see.
- 06/23/2023
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Why Carvana Stock Is Plummeting Today
- Forbes published a report today detailing an unusual relationship between Carvana and its former vendor HyperSport Industries. The report suggests that HyperSport would regularly submit duplicate billings to Carvana that were approved.
- 06/23/2023
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Short Sellers Are Betting Big Against These 5 Tech Stocks
- This week, short interest among U.S. investors has reached impressive levels. Even as regulations consider a ban on short selling, investors aren't shying away from betting against a wide variety of stocks.
- 06/23/2023
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Great Stocks Are Still on Sale, but There's Something You Need to Know First
- The S&P 500 is up more than 20% since late 2022, but some good opportunities remain. Investors should avoid value traps and focus on businesses with strong finances.
- 06/23/2023
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Root's stock rockets again after WSJ report of buyout bid at a more than 200% premium
- Shares of Root Inc. ROOT, +59.80% rocketed 37.4% toward a 10-month high in premarket trading Thursday, a day after soaring 59.8%, in the wake of a report in The Wall Street Journal that a potential buyer has emerged for the car-insurance company. Citing people familiar with the matter, the WSJ report, which published just before Wednesday's closing bell, said Embedded Insurance has bid to buy Root for $19.34 a share, which represents a 221.3% premium to Tuesday's closing price of $6.02.
- 06/22/2023
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3 Stocks to Avoid This Week
- There are near-term concerns for CarMax, Carvana, and ChargePoint this week. CarMax reports quarterly results this week, and analysts see its business driving in reverse.
- 06/19/2023
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Carvana (CVNA) Just Flashed Golden Cross Signal: Do You Buy?
- Carvana Co. (CVNA) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, CVNA's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.
- 06/16/2023
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Carvana stock moves higher as used car prices begin to rise
- Shares of Carvana are on the rise as a result of the rising price of used cars. Yahoo Finance Live details how the company has began its recovery from pandemic lows.
- 06/15/2023
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Why Carvana Stock Was Surging Again This Week
- A short-seller attack couldn't stop Carvana's recovery. Used car prices are rising, according to the CPI, which favors Carvana.
- 06/15/2023
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The Meme Stock Frenzy is Over: Sell These Seven Now
- You may think a call to “sell meme stocks now” is an overreaction. After all, a fair number of meme names have performed well lately, suggesting a “renaissance” of sorts for this investing trend.
- 06/14/2023
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3 Potential Short Squeeze Stocks That Could Explode in June
- Back in early 2021, investors were on the hunt for potential short squeeze stocks. Traders across various mediums (like Reddit) were sniffing out the top short squeeze stocks and accumulating vast swaths of these holdings.
- 06/14/2023
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Carvana (CVNA) Soars 11.5%: Is Further Upside Left in the Stock?
- Carvana (CVNA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
- 06/13/2023
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Why Carvana Stock Jumped Double Digits Today
- Kerrisdale Capital said it was short Carvana and called the company insolvent. After the stock surged last week, it seemed to gain on an ongoing short squeeze today.
- 06/12/2023
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CVNA Stock Alert: Why Kerrisdale Capital Is Right to Short Carvana
- Is the rally over for Carvana (NYSE: CVNA ) stock? According to an expert short seller, the meme stock isn't just overhyped but “insolvent” and “poorly run.
- 06/12/2023
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Why Carvana's Latest Surge May Not Last
- Carvana Co. ( CVNA , Financial) shares have impressive gains of over 300% year to date and have witnessed a strong rally for the week ending June 9 as a result of an improved second-quarter outlook.
- 06/12/2023
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Carvana (CVNA) Increases Financial Outlook for Q2 2023
- Carvana (CVNA) improves its financial outlook for Q2 2023, expecting Adjusted EBITDA above $50 million and total gross profit per unit above $6,000.
- 06/12/2023
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CVNA Stock Alert: Why Kerrisdale Is Betting Against Carvana
- Carvana (NYSE: CVNA ) stock is resiliently in the green today, despite the publication of a short report by Kerrisdale Capital. As usual, the hedge fund has disclosed a short position in the underlying stock of its report.
- 06/12/2023
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7 High-Risk, High-Reward Stocks to Buy in June
- There are some similarities between gambling and buying high-risk, high-reward stocks. In both scenarios, you could make a great deal of money or you could lose all of it.
- 06/12/2023
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3 High-Short-Interest Stocks Spark Potential Opportunities
- With the recent surge in speculation and the notable relative strength of the iShares Russell 200 ETF NYSE: IWM, there has been a growing interest in high short-interest stocks. Simply put, there is an increasing interest in names that have previously captured the attention of short sellers, who bet on the stock's share prices declining.One prime example of the above is Carvana NYSE: CVNA.
- 06/12/2023
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Was Carvana's Stock Price Explosion Justified?
- Carvana told investors that things are going better than expected in 2023.
- 06/11/2023
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The 2 Charts Carvana Investors Can't Afford to Miss
- Carvana's acquisition of a vehicle auction business improved company operations, but at a cost. Senior notes issued to fund the acquisition have an interest rate over 10%.
- 06/11/2023
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$5,000 Invested In These Growth Stocks Could Make You Rich Over the Next 10 Years
- Although it's a risky stock, it's hard to deny Carvana's disruptive car-buying platform. Chipotle's sales and profits are set to keep rising with more restaurants in the pipeline.
- 06/11/2023
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3 Stocks to Avoid This Week
- There are near-term concerns for Carvana, MicroStrategy, and ChargePoint this week. Carvana offered an encouraging financial update, but the surging shares introduce the risk of a dilutive secondary stock offering.
- 06/11/2023
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Wall Street Can't Keep Up With This Surging E-Commerce Stock. Time to Buy?
- Carvana stock is up more than 400% this year, passing even the most bullish price target. One analyst still sees the stock going bankrupt, giving it a price target of $1.
- 06/10/2023
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2 Things to Know About Carvana's Improved Outlook
- Carvana's stock soared when the company boosted its guidance. Unfortunately, the two metrics Carvana touts have some serious problems.
- 06/10/2023
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Why Carvana Stock Is Plummeting Today
- Carvana stock gave up some of its gains Friday after surging 56% the day before. Carvana issued upward performance revisions for the current quarter, but analysts are urging caution.
- 06/09/2023
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What's Next After Carvana's Surge?
- Carvana's stock has surged by a scintillating 164% in the past month, fueled by investors' high-beta proclivity and a first-quarter earnings beat. Although the stock's recent returns are best-in-class, the question beckons: Is Carvana's latest surge sustainable?
- 06/09/2023
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Carvana (CVNA) Stock Continues to Move on Improved Outlook
- Carvana (NYSE: CVNA ) stock is still a hot topic among traders on Friday after the used-car retailer updated its outlook yesterday. Carvana stock underwent a rally yesterday that saw its shares close out normal trading hours up 55.9%.
- 06/09/2023
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Jim Cramer: You don't want a bull market led by Carvana
- CNBC's Carl Quintanilla, Jim Cramer and David Faber discuss the news of the day.
- 06/09/2023
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Retail Sector Roundup: Carvana Stock Breaks Out
- The SPDR S&P Retail ETF (XRT) is on a hot streak, heading for its fourth-straight win and second consecutive weekly win.
- 06/09/2023
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Carvana Stock: Short Squeezes Always End In Tears
- Carvana stock exploded higher yesterday in a classic short squeeze rally. While this episode of buying can send the stock a lot higher, it's completely unsustainable. On a risk-adjusted basis, CVNA's value proposition for longs remains entirely unattractive.
- 06/09/2023
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Carvana's Stock Options Volume Soars, Ranks Fifth-Busiest Single Stock Option - Carvana (NYSE:CVNA)
- Carvana Co. CVNA shares rose sharply on Thursday after the company announced an improved second quarter 2023 outlook, with profits expected over $50 million.
- 06/09/2023
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Carvana shares slide as analysts call Q2 profit forecast 'one-time' gain
- Shares of used-car retailer Carvana Co fell about 2% in premarket trading on Friday, as analysts fear that the debt-laden company's upbeat second-quarter profit forecast could be just a 'one-time' gain.
- 06/09/2023
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Carvana short sellers battered after online car dealer's bullish update
- Carvana shares soared 56% on Thursday and were set to go higher when US trading starts on Friday as short-sellers rushed to close positions after a much strong than expected second quarter. The heavily in-debted online car dealer forecast underlying profits (EBITDA) would be above US$50mln in the three months to June, compared to market forecasts of a loss of US$6mln.
- 06/09/2023
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Carvana stock rises in premarket on heavy volume after big rally in previous session
- Carvana Co.'s stock CVNA, +56.02% is up 1% Friday, and is one of the most heavily traded in the premarket, after the stock jumped 56% in its previous session on a hiked outlook from the car seller. William Blair analyst Sharon Zackfia on Friday reiterated a market perform rating on Carvana and said the company's progress is encouraging, but she's seeking improved visibility on liquidity and free cash flow generation before any potential stock upgrade.
- 06/09/2023
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5 Things to Know Before Markets Open
- General Motors will join the Tesla electric vehicle charging network and Meta plans to roll out a Twitter competitor. Here's what investors need to know today.
- 06/09/2023
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Carvana Continued Its Bear-Busting Journey
- Carvana's stock has seen an overall increase of 170% since our initial coverage on May 1, 2023. CVNA stock surged due to improved profitability. Concerns about Carvana's profitability are addressed by focusing on operating metrics rather than financials, as the company is still in the early stages of growth.
- 06/08/2023
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Squeezing the Market: Riding the Rollercoaster of Short Squeeze Mania
- On Wall Street, short selling (borrowing shares to bet against a company) is one of the most challenging endeavors to master. First, from a long-term perspective, anyone shorting is hypothetically swimming upstream.
- 06/08/2023
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Carvana nirvana? Shorted stock surges 56% as company predicts record profits
- On Thursday, online car-retailer Carvana announced an especially rosy outlook (i.e. forecasted record profits) for the second quarter of 2023, and investors responded by driving the company's stock price up 56% before the market closed.
- 06/08/2023
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Markets Rise, Led by Tech Stocks, on Optimism the Fed Might Pause Rate Increases
- Markets rose, led by tech stocks, on expectations the Fed may pause raising interest rates at its meeting next week.
- 06/08/2023
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A.I. will disrupt the whole financial industry, including hedge funds: EMJ Capital's Eric Jackson
- Eric Jackson, EMJ Capital founder, president and portfolio manager, joins 'Closing Bell' to discuss Tesla as the stock is trending higher today, how Tesla benefits from A.I. developments, and integrating A.I.
- 06/08/2023
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Carvana Boosts Guidance on Cost Savings, and Shares Soar
- Carvana shares surged to their highest level in more than eight months after the company said its cost-cutting moves are working, and raised its current quarter guidance.
- 06/08/2023
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Carvana shares surge after the company boosts second-quarter guidance
- Online used-car retailer Carvana said its second-quarter results would likely come in ahead of its earlier expectations as cost-reduction measures take hold.
- 06/08/2023
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Why Carvana Stock Soared This Week
- Management expects $50 million in adjusted EBITDA in the second quarter and more than $6,000 in gross profit per unit. Given that the stock is heavily shorted, a short squeeze likely helped push it higher Thursday.
- 06/08/2023
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Why Carvana Stock Raced Ahead 25% This Morning
- One month ago, Carvana promised positive EBITDA in Q2. This morning, the company said how profitable it will be: $50 million.
- 06/08/2023
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Carvana's updated Q2 outlook leaves consensus miles behind
- Carvana Co (NYSE: CVNA) jumped nearly 30% this morning after the used car retailer updated its guidance for the current quarter that came in well ahead of Street estimates. Here's what Carvana forecasts for its fiscal Q2 For Q2, the Tempe-headquartered firm now forecasts about $50 million of adjusted EBITDA.
- 06/08/2023
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Carvana stock rises on revised profit outlook
- Yahoo Finance anchors Julie Hyman and Brad Smith take a look at online used car retailer Carvana's stock performance after the company reported an updated profit outlook.
- 06/08/2023
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Why Is Carvana (CVNA) Stock Up 27% Today?
- Carvana (NYSE: CVNA ) stock is on the rise Thursday after the used-car retailer provided an updated outlook for Q2 2023. With this update, the company says it now expects Adjusted EBITDA for the second quarter of the year to come in above $500 million.
- 06/08/2023
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Things Are Looking Up for These 2 Beaten-Down Stocks
- Markets seemed poised for a quiet open on Thursday morning. Carvana shares jumped after the company said preliminary numbers from the current quarter looked strong.
- 06/08/2023
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Carvana forecasts second-quarter core profit above $50 million
- Used-car retailer Carvana Co said on Thursday it expects to post a core profit of more than $50 million for the second quarter, sending its shares 20% higher in premarket trade.
- 06/08/2023
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Carvana rallies 28% on stronger-than-expected Q2 guidance figure
- Carvana Co. CVNA, +5.07% stock is up 27.8% in premarket trades on Thursday after the car seller issued an estimate for second-quarter adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) of about $50 million. That's well ahead of the latest analyst estimate for adjusted Ebitda of $100,000 for the second quarter.
- 06/08/2023
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Here's What's Driving the Price of Carvana Higher
- Last week shares of Carvana NYSE: CVNA broke out of a daily consolidation and soared higher. Although shares of the company started the week off in the negative, closing the day down over 4% yesterday, the stock remains up 65% over the last three months and over up over 200% YTD.
- 06/06/2023
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Get Out Now! 3 Meme Stocks That Are Poised to Plunge.
- I've never been a fan of risky meme stocks. More often than not, they're terrible companies with either faulty business models or lousy products and services.
- 06/05/2023
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3 Stocks to Avoid This Week
- There are near-term concerns for Altria, Carvana, and Hooker Furniture this week. Altria is flat this year.
- 06/05/2023
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Triple Net REIT Cornucopia
- Triple net REITs are opportunistic on 2 fronts: Valuation is cheaper than normal. Forward growth is faster than normal.
- 06/03/2023
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Why Carvana Stock Ripped 38% Higher This Week
- Carvana's loan securitizations got upgraded by S&P Global this week. It launched a national advertising campaign.
- 06/02/2023
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CVNA Stock Alert: Carvana Terminates $1 Billion Private Exchange Offers
- Amid a see-saw of news items with conflicting implications, online used-car retailer Carvana (NYSE: CVNA ) suffered a significant setback regarding its efforts to rein in debt. According to a Bloomberg report, Carvana canceled a $1 billion debt swap after creditors refused to exchange their notes.
- 06/02/2023
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Why Carvana Stock Skyrocketed 86% in May
- The used car dealer significantly narrowed its EBITDA loss in the first quarter and guided for a positive EBITDA in Q2. A short squeeze likely gave the stock a post-earnings boost as well.
- 06/02/2023
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CVNA Stock Alert: Carvana Receives S&P Global Ratings Upgrade
- Struggling amid the onset of skyrocketing inflation and the subsequently hawkish response of the Federal Reserve, online auto retailer Carvana (NYSE: CVNA ) just received a critical support line. S&P Global Ratings, a credit rating agency under the S&P Global umbrella, just upgraded and revised its securitization loss assumptions for Carvana's lending business.
- 06/01/2023
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Why Carvana Stock Was Rallying Again Today
- Carvana's auto loans are performing better than expected. The S&P upgrade is the latest sign that the bankruptcy threat is waning.
- 06/01/2023
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Why Carvana Stock Was Moving Higher Today
- Growth stocks like Carvana were rising today as interest rates fell. A short squeeze may have also help push the stock higher.
- 05/30/2023
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3 Stocks to Avoid This Week
- There are near-term concerns for Carvana, Conn's, and Dollar General this week. Carvana is up 148% so far in 2023.
- 05/30/2023
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A Bull Market Is Coming: 3 Reasons to Buy Carvana Stock
- If a bull market is on the horizon, a speculative stock like Carvana could soar. The company has a disruptive business model, improving finances, and potential upside.
- 05/24/2023
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Bulls vs. Bears - Who Will Emerge Victorious?
- As the debt ceiling deadline looms, the market is at an interesting crossroads. In today's article, we cover why bears may have the upper hand in the short term while bulls still reign supreme longer term.
- 05/23/2023
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7 Stocks to Sell Now Before the Consumer Debt Bomb Explodes
- As of the latest news at the time of writing, CNN reported that debt-ceiling negotiations broke down, which means that investors should at least consider stocks to sell before recession strikes. Sure, it's possible that Democrats and Republicans can come together to prevent catastrophe.
- 05/22/2023
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Is Carvana Stock Ready to Make a Comeback?
- The company's operating loss improved in Q1 but is still negative. It is hard to see a path to positive cash flow for this business.
- 05/22/2023
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7 Stocks to Dump as Warren Buffett Sounds Economic Alarm
- When legendary investor Warren Buffett speaks, people listen, which might not bode well for those exposed to the below stocks to sell. Primarily, Buffett believes that the “extraordinary period” of excessive spending following the Covid-19-inspired stimulus package is over.
- 05/15/2023
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Wall Street Analysts Think Carvana (CVNA) Could Surge 29.43%: Read This Before Placing a Bet
- The mean of analysts' price targets for Carvana (CVNA) points to a 29.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 05/15/2023
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3 Stocks to Avoid This Week
- There are near-term concerns for Carvana, Despegar.com, and Foot Locker this week. Carvana is up 51% this month -- more than doubling in 2023 -- on its recovery efforts.
- 05/15/2023
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Where Will Carvana Stock Be in 5 Years?
- Carvana stock has fallen more than 95% from its 2021 highs. A weak balance sheet is a major problem for management to solve.
- 05/13/2023
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2 High-Growth Companies to Watch
- Just because a stock is down 50% doesn't mean that the business is broken. (Or does it?
- 05/12/2023
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Up 157% in 2023: Has Carvana Really Made Any Progress?
- A chunk of Carvana's progress on paper was due to selling inventory. Carvana has successfully lowered SG&A expenses.
- 05/12/2023
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Short-Squeeze Stocks Alert: CVNA, NVAX Make Most-Shorted Stocks List
- Fueling the flames of speculative fervor, business news agency CNBC released its list of the most heavily shorted public securities. Topping the list stood used-car retailer Carvana (NYSE: CVNA ).
- 05/11/2023
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3 Worries About Carvana's Bullish Guidance
- Used car prices are already peeling back from late last year's frothy levels. New car inventories are returning to more typical levels, pressuring prices.
- 05/11/2023
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Why Carvana Stock Was Gaining Again Today
- High-volume trading continued in Carvana, lifting the stock up by double digits at one point. The company appeared to significantly lower its bankruptcy risk in last week's earnings report.
- 05/09/2023
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The 7 Best Meme Stocks to Buy for 2023
- Meme stocks comprise a wide spectrum of companies ranging from those sensible investors steer clear of, to firms with near-universal respect. This list of investment ideas sourced from here pulls primarily from the latter.
- 05/09/2023
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The Power Of ADESA: How Carvana's Acquisition Is Game-Changing
- This article delves into the importance of Carvana's acquisition of ADESA. We explained how transparent pricing can change the industry.
- 05/08/2023
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Why Carvana Stock Skyrocketed Again Today
- The stock rose on high volume two sessions after a better-than-expected earnings report. Carvana has significant upside if it can get to profitability.
- 05/08/2023
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Carvana Stock Soars After Earnings!
- Carvana had plenty of good news for investors in its latest quarterly update.
- 05/08/2023
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Carvana Shares Rally On Narrower Losses, Stock Gets Upgraded
- The used car market experienced aggressive price swings throughout 2022 as the supply of new vehicles dried up amid chip shortages limiting the number of cars that would hit the market. Since new vehicle production was at a deficit compared to the ensuing demand the market brought on, used vehicles became the only alternative for would-be car buyers, severely inflating inventory prices beyond the normalized market value.
- 05/08/2023
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No, Carvana Isn't About to Turn a Profit
- If you believe the headlines, debt-ridden Carvana is closing in on profitability. In reality, Carvana expects adjusted EBITDA to turn positive in the second quarter.
- 05/06/2023
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Why Carvana Stock Lost 29% in April
- Carvana is still negotiating with bondholders after the stock collapsed last year. The company expects positive adjusted EBITDA in the second quarter.
- 05/05/2023
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Carvana stock jumps on Q2 profit expectations
- Yahoo Finance Live anchors Akiko Fujita, Seana Smith, and Diane King Hall discuss the surge in Carvana shares after its Q1 earnings report and breaks down the future outlook for company profits.
- 05/05/2023
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Subprime auto defaults on path toward 2008 crisis levels, say portfolio managers
- The surge in easy credit during the pandemic, government stimulus payments, and skyrocketing car prices have all begun to bite borrowers with the lowest credit scores.
- 05/05/2023
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Why Carvana Stock Soared Today
- Carvana is making signficiant progress toward profitability. The company expects positive adjusted EBITDA in the second quarter.
- 05/05/2023
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Carvana stock rises on predictions of positive adjusted earnings for Q2
- Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss the rise in stock for Carvana.
- 05/05/2023
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Why Is Carvana (CVNA) Stock Up 33% Today?
- Carvana (NYSE: CVNA ) stock is climbing higher on Friday after the used-car retailer released its earnings report for the first quarter of 2023. The earnings report starts out positive with the company's EPS coming in at -$1.47.
- 05/05/2023
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Carvana expects to see profit in 2Q, a positive sign for the used car market
- Carvana Co. (NYSE:CVNA) announced that it expects to report a profit in the second quarter, sending its shares soaring on Friday morning. The online used-car retailer cited a “strong start to the year” and said adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) would be positive this quarter.
- 05/05/2023
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Carvana Stock: 3 Reasons to Bet on a Recovery Now
- The company delivered significant cost cuts in the quarter, showing it has a path to stability. Revenue fell 25% in the quarter, but that was by design.
- 05/05/2023
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Carvana, Apple, Coinbase and Lyft shift after earnings, and other stocks on the move
- After a storm of earnings reports following the close of markets Thursday, these were the some of the most active stocks on Friday:
- 05/05/2023
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Carvana stock price analysis: Is CVNA a good investment now?
- Carvana (NYSE: CVNA) stock price popped to $9 after the company published strong financial results. The shares jumped by over 25% after the company's revenue beat the consensus estimate.
- 05/05/2023
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Carvana (CVNA) Reports Q1 Loss, Tops Revenue Estimates
- Carvana (CVNA) came out with a quarterly loss of $1.51 per share versus the Zacks Consensus Estimate of a loss of $1.87. This compares to loss of $2.89 per share a year ago.
- 05/04/2023
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Carvana Co. (CVNA) Q1 2023 Earnings Call Transcript
- Carvana Co. (NYSE:CVNA ) Q1 2023 Earnings Conference Call May 4, 2023 5:30 PM ET Company Participants Meg Kehan - IR Ernie Garcia - CEO Mark Jenkins - CFO Conference Call Participants Sharon Zackfia - William Blair Ronald Josey - Citigroup Adam Jonas - Morgan Stanley Michael Montani - Evercore ISI Seth Basham - Wedbush Securities Nicholas Jones - JMP Securities Rajat Gupta - JPMorgan Alexander Potter - Piper Sandler Winnie Dong - Deutsche Bank Chris Bottiglieri - BNP Paribas Exane Operator Hello and welcome to the Carvana First Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.
- 05/04/2023
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Carvana Expects Return to Profitability in Q2 After Cutting Costs
- Carvana expects to return to profitability in this quarter after cutting costs. The used car retailer expects to achieve positive adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the current quarter, Carvana said in a Thursday (May 4) letter to shareholders.
- 05/04/2023
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Carvana expects to record core profit in second quarter; shares jump
- Carvana Co said on Thursday that it expects to post a profit in the current quarter and plans to further bring down excess used-car inventory as the retailer sharpens its focus on cutting costs, sending its shares surging 26% in aftermarket trading.
- 05/04/2023
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Carvana expects to post positive core profit in second quarter
- Carvana Co said on Thursday it expects to post a profit in the current quarter, as its cost actions helped the used-car retailer to mitigate some impact of a decline in sales.
- 05/04/2023
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Carvana expects to achieve adjusted profit sooner than expected amid restructuring; shares surge
- The embattled used car retailer has been working to reduce costs, narrow losses and increase profits per vehicle.
- 05/04/2023
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Carvana's Losses Narrow on Cost-Cutting Campaign. Its Stock Is Rising.
- The company reached its target of reducing some expenses by more than $100 million a quarter earlier than anticipated.
- 05/04/2023
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Carvana's stock jumps as much as 22% after narrower quarterly loss
- Shares of Carvana Co. rallied more than 22% in the aftermarket Thursday after the online used-car company narrowed its quarterly loss and said it expects to reach adjusted profits in the current quarter.
- 05/04/2023
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These 2 Former Growth Stocks Are in Serious Trouble
- Carvana is being crushed by an excessive debt load and has no good options. Peloton is still seeing weak demand for its exercise bikes.
- 05/03/2023
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Carvana: 2023 Barbarians At The Gate
- Carvana has been approached by a creditor group for a debt-for-equity swap as the clock ticks down to its May 3 extended exchange offer expiry. Bond prices have indicated that bankruptcy may be imminent, but the credit request for a debt-to-equity transfer suggests otherwise.
- 05/01/2023
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Carvana stock rallies after Bloomberg report of creditors proposing debt-for-equity swap
- Shares of Carvana Co. CVNA rallied 3.2% in premarket trading Monday, to bounce off a 7-week closing low in the previous session, after Bloomberg reported that creditors holding about 90% of the troubled used-car retailer's bonds have proposed ways to cut debt and improve liquidity. Citing people familiar with knowledge of the situation, the Bloomberg report said the proposals included a debt-for-equity swap.
- 05/01/2023
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Carvana Price Hammered
- Carvana, the online used car company, was once considered the wave of the future for used car sales.
- 04/30/2023
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Has Carvana (CVNA) Outpaced Other Retail-Wholesale Stocks This Year?
- Here is how Carvana (CVNA) and Solo Brands, Inc. (DTC) have performed compared to their sector so far this year.
- 04/27/2023
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Better Buy: Carvana vs. Peloton
- Carvana was looking to revolutionize the used car market. Peloton was looking to revolutionize the exercise market.
- 04/21/2023
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7 Short-Squeeze Stocks That Are Breaking All the Rules
- Thanks to social media platforms, retail investors learned firsthand the power of short-squeeze stocks. Essentially, through coordinated action, it's possible to overwhelm securities featuring heavy bearish sentiment.
- 04/20/2023
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3 Short-Squeeze Stocks That Could Crush Hedge Funds
- If you're looking for some explosive returns in the stock market, you might want to consider betting on short-squeeze stocks. These stocks have a high percentage of their float sold short by hedge funds and other bearish investors betting on their decline.
- 04/19/2023
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Does Carvana Still Have Turnaround Potential?
- Once a market darling, Carvana Co. ( CVNA , Financial) today stands as a cautionary tale of how a hyped-up growth stock may fail to live up to expectations. This story stock boasts a revolutionary online used car dealer business model that both buyers and sellers love for its ease of use, but the company took several risks that backfired big time.
- 04/17/2023
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Why Retail Stocks Are All Shook Up on Friday
- U.S. retail sales declined by 1% in March -- their second straight monthly decline. Automotive sector sales and clothing sales both fell by more than average, while online sales grew 1.9%.
- 04/14/2023
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Where Will Carvana Stock Be in 3 Years?
- Carvana's stock was skyrocketing for a few years after its IPO, but it is currently well off its peak. If Carvana overcomes its financial woes, it should continue gaining market share while getting closer to profitability.
- 04/14/2023
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7 Short-Squeeze Stocks That Could Make You Rich
- While trading with the masses may generally be the wisest approach, contrarian gamblers may accrue dramatic profitability through short-squeeze stocks. To get everyone on the same page, coordinated investments in heavily shorted securities can potentially trigger ridiculous upside as bears panic out of their positions.
- 04/13/2023
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Better Stock Buy: Carvana vs. CarMax
- Carvana and CarMax were both crushed by rising rates and slowing auto sales. Both retailers will face more macro headwinds this year.
- 04/13/2023
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Why Carvana Stock Is Plunging Today
- Carvana's investors have lost confidence in the stock amid economic worries. The company is in a precarious position right now.
- 04/12/2023
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Take the Double-or-Nothing Carvana Stock Bet (If You Dare)
- How much risk can you tolerate? If the answer is “a lot,” then I invite you to take a second look at online car retailer Carvana (NYSE: CVNA ).
- 04/11/2023
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Carvana's Latest Move Is a Huge Warning Sign for Investors
- It's burning cash, its debt trades at distressed levels, and it's running out of good options to raise money.
- 04/09/2023
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Why Carvana Stock Slumped by as Much as 16.6% This Week
- The company may have no choice, given its huge cash burn. Shares are down 98% from all-time highs.
- 04/07/2023
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Carvana Stock: Bear vs. Bull
- The bears believe Carvana's business model is unsustainable. The bulls believe it can survive the near-term macro headwinds.
- 04/07/2023
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Carvana to Report First Quarter 2023 and Host Quarterly Conference Call on May 4
- PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its first quarter 2023 financial results for the period ended March 31, 2023, following the close of market on Thursday, May 4, 2023. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results.
- 04/06/2023
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Is There More Gas in the Tank for Carvana (CVNA) Stock?
- After pulling back during February and early March, Carvana (NYSE: CVNA ) shares have been on the rise over the past few weeks. With its move back to around $9.50 per share, CVNA stock is again one of this year's top performers.
- 04/05/2023
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These 2 Retail and Wholesale Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
- 04/04/2023
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The 3 Most Short-Sold Stocks to Avoid at All Costs
- When stock markets ended the first quarter of this year with strong gains, speculators bought the most short-sold stocks. They bet that despite the deteriorating business conditions, the stock would overcome unfavorable valuations.
- 04/04/2023
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3 Hot Stocks That Have Already More Than Doubled in 2023
- Carvana, Duolingo, and Fastly soared 107%, 101%, and 117% in the first quarter of this year. Carvana scored all of its upticks in January, but risks remain as it tries to restructure its debt.
- 04/03/2023
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7 ‘Fallen Angel' Stocks to Sell Before They Plummet Again
- ‘Fallen angel' stocks, or stocks that have fallen far from their past highs, can be tempting as possible contrarian buys. Yet while there are sometimes diamonds in the rough among these names, for the most part, it's best to consider them stocks to sell.
- 04/02/2023
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Don't Wait for a Market Crash: These 2 Top Stocks Are on Sale
- Carvana must demonstrate leaner operations and tighter budgets as it matures. Beyond Meat has begun streamlining operations and reducing expenses to keep up with the changing market.
- 03/29/2023
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Carvana Hopes to Outgrow This Problem, but It's a Bigger Headwind Than It Seems
- Carvana has expanded rapidly. The used-car dealer isn't profitable yet has a material debt load.
- 03/29/2023
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Proceed With Caution When Considering These 5 Ultra-Popular Stocks
- It's been a rough ride for many market sectors over the past year. High inflation, recession worries, and poor company performance are weighing shares down.
- 03/27/2023
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Carvana Stock: Bear vs. Bull
- After a rough Q4, Carvana's outlook for 2023 isn't promising, and liquidity issues loom large. The downsides could be more than priced into the discounted valuation.
- 03/26/2023
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Stock Market Sell-Off: Is Carvana a Buy?
- Carvana announced that its first-quarter 2023 loss is expected to be notably less than the loss of a year ago. The company is asking lenders to exchange existing debt for new debt with different terms to reduce its leverage and buy time for a turnaround.
- 03/24/2023
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3 Meme Stocks to Sell Before They Go to Zero
- Over the past couple of months, meme stocks have shown a sharp price increase. Some have risen in price several times despite the overall fall in the stock market caused by the release of data on rising inflation in the U.S. Retail investors massively bought shares of low-liquid companies, which led to a 2x-3x increase in the price of some stocks.
- 03/23/2023
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Carvana debt swap ‘tantamount to default,' S&P says, cutting the retailer's debt ratings to CC
- Carvana Co.'s CVNA, +2.55% debt swap is “distressed” and “tantamount to default” if completed because it will result in bondholders receiving less than originally promised, S&P Global ratings analysts said Thursday. They lowered their rating on Carvana's debt to CC, from CCC+, with a negative outlook.
- 03/23/2023
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Should You Buy Carvana (CVNA) on the Possibility of a Rebound?
- While Carvana (CVNA) seems to be pivoting on a better path, it still has lots to prove. Unless the company shows continued tangible progress on meeting its targets, it is better to remain on the sidelines.
- 03/23/2023
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$8.3 Billion Reasons to Avoid This Growth Stock, Down 98% From Its High
- Carvana got too aggressive during the pandemic years. Shareholder equity is negative at this point.
- 03/23/2023
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Carvana May Be Able To Reach Profitability This Year
- Any space in the financial markets, and the economy for that matter, that becomes too hot and attracts the masses is bound to have some sort of crash sooner or later. No, this is not about crypto, some hot technology startup, or even a sophisticated bank collapse.
- 03/23/2023
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Why Carvana's debt deal could be a sign of trouble for other companies
- Digging in on CVNA's debt deal. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Tim Seymour, Steve Grasso and Guy Adami.
- 03/22/2023
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Carvana: Bankruptcy Is Still A Very Real Possibility
- Even at EBITDA breakeven, the company will still burn a lot of cash given its high interest expense. Meanwhile, the used car market remains difficult.
- 03/22/2023
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2 Stocks to Watch as the Fed Boosts Interest Rates Again
- Markets plunged after the Fed decided to raise interest rates a quarter percentage point. Carvana shares climbed as the car dealer tried to restructure its debt.
- 03/22/2023
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Carvana stock revs higher on improved guidance; debt restructuring
- Carvana Co shares climbed 13% to $8.95 on Wednesday after the e-commerce platform for buying and selling used cars said it expects a first quarter loss of between $50 million and $100 million, compared with a loss of $348 million during the same period last year, even as the company experiences significantly lower sales. Carvana also revealed plans to restructure some of its $9 billion debt load, offering noteholders the option to exchange their unsecured notes at a premium to current trading prices in exchange for new secured notes.
- 03/22/2023
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Why Carvana Stock Roared Ahead Today
- Shares of Carvana surged 19.3% on news of a debt restructuring plan that exchanges $1 billion of unsecured long-term debt for new debt papers secured against the company's assets. The move will give Carvana several years to reduce financial risk and avoid defaulting.
- 03/22/2023
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Carvana shares pop as company offers first-quarter guidance, restructures debt
- Carvana expects a first-quarter loss of between $50 million and $100 million, drastic improvement from a loss of $348 million it reported a year earlier.
- 03/22/2023
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CVNA Stock Alert: Why Carvana Is Up 16% Today
- Online car retailer Carvana (NYSE: CVNA ) just revealed that it's making changes that will affect the company's noteholders. Now, shareholders are paying attention as they surely want to know how the company's debt restructuring strategy may impact CVNA stock.
- 03/22/2023
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Carvana stock surges on attempt to restructure debt load
- Yahoo Finance Live's Julie Hyman breaks down the rise in stock for Carvana.
- 03/22/2023
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Carvana stock rallies 24% premarket after updating Q1 guidance
- Carvana Co.'s stock CVNA, +12.16% rallied 24% in premarket trade Wednesday, as the car retailer updated fiscal first-quarter guidance while announcing a bond exchange. The company said it now expects sales and operating revenue to range from $2.4 billion to $2.6 billion, down from $3.5 billion in the year-earlier period.
- 03/22/2023
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Carvana: Next Chapter
- Carvana Co. remains a battleground stock. On the one hand, we have analysts steadily downwards revising Carvana Co.'s prospects, after analysts were clearly wrong in 2022.
- 03/20/2023
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Carvana: No Easy Options
- Carvana Co. has seen continued losses and the business sees continued top line sale pressure. The company expects some improvements in the first quarter, but the hole is big and recent events in the banking sector likely cast a shadow on the operating performance.
- 03/20/2023
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Down 97% From 2022 Highs, 1 Thing Carvana Stock Can Teach Investors
- Carvana's growth prior to 2022 was incredibly impressive. But it became evident last year that the management team had been too aggressive.
- 03/17/2023
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Better Short-Squeeze Stock: Carvana vs. Marathon Digital Holdings
- Bed Bath & Beyond barely made its last interest payment. Carvana could run out of cash this year.
- 03/17/2023
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1 Number Carvana Investors Should Be Worried About
- Carvana's interest expense continues to rise. CarMax has twice the debt, but nowhere near the same interest expense.
- 03/16/2023
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CVNA Stock Outlook: Why Carvana Is Doomed to Fail
- If there's any publicly listed business that needs a crystal-clear recovery road map now, it's used-car retailer Carvana (NYSE: CVNA ). Any prospective CVNA stock buyer should take a close look at Carvana's financial problems.
- 03/15/2023
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Carvana is Down 95% From Its 52-Week High. Time to Buy?
- Carvana was a high-flying stock until it wasn't anymore -- and is now down about 95%. The company is losing money and has a lot more leverage than it had in earlier days.
- 03/15/2023
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Why Carnival, Canopy Growth, and Carvana Stocks Dropped Today
- A tech-friendly Californian bank is melting down today -- but jobs numbers are going up. Jobs growth sounds like good news, but could be bad news if it causes the Fed to keep raising interest rates.
- 03/10/2023
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Where Will Carvana Stock Be in 5 Years?
- Assuming Carvana can successfully navigate its near-term problems, investors could see huge gains. Carvana's market share could climb, helping it achieve sustainable profitability.
- 03/10/2023
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My Carvana Stock Price Prediction for 2025
- Based on recent price action with Carvana (NYSE: CVNA ), a growing number of investors may be considering CVNA stock worthy of a buy as a contrarian wager. Although some may be approaching it as a short-term short-squeeze trade, many may be diving back in on the hope that it survives the current industry downtown.
- 03/07/2023
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1 Growth Stock That Could Double Again
- As of March 3, Carvana's stock has already doubled so far this year. Macro headwinds have called Carvana's financial situation into question.
- 03/06/2023
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Down 94%, Is Carvana Stock a Buy-the-Dip Opportunity?
- The stock is dirt cheap for a reason.
- 03/04/2023
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Don't Count on a Comeback for Carvana (CVNA) Stock
- Hope springs eternal — among some retail traders, at least — for used-car retailer Carvana (NYSE: CVNA ). Yet, a comeback probably isn't in the cards for CVNA stock.
- 03/03/2023
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After an 83% Rally, is Carvana Safe to Buy Now?
- Carvana went from Wall Street darling to rock bottom in record time. After a rally in 2023, is it time to buy in?
- 03/03/2023
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Consumers are more interested in cars under $30,000 than they were, says CarGurus CEO Jason Trevisan
- CNBC's Phil LeBeau and Jason Trevisan, CEO of CarGurus, joins 'Power Lunch' to discuss strong quarterly earnings, revenue volatility in wholesale car sales and digitizing car purchases online.
- 03/01/2023
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Is the Party Over for Carvana Stock?
- Shares are up 103% this year, but the company is on the brink of running out of money.
- 03/01/2023
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7 Stocks to Sell as Borrowing Costs Rise
- With major economic weakness possibly lurking around the corner, investors should consider targeting stocks to sell. Specifically, market participants should note securities that feature rising short borrow fees.
- 02/28/2023
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Stock Market Sell-Off: Is Carvana a Buy?
- The online car retailer posted another disappointing quarter.
- 02/28/2023
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Why Carvana Stock Is Rocking Today
- Why can't Citigroup bring itself to recommend buying Carvana stock?
- 02/27/2023
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Carvana stock continues slide amid earnings miss, market's bearish sentiment
- The Yahoo Finance Live team discusses Wall Street's bearish sentiment on Carvana and the stocks sharp fall this week.
- 02/24/2023
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Carvana veers clear of junkyard—for now
- Carvana's fourth-quarter results showed revenue fell 24% compared with a year earlier.
- 02/24/2023
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Carvana stock tanked 20% on Friday: buy the dip?
- Shares of Carvana Co (NYSE: CVNA) tanked more than 20% this morning after the used car retailer reported disappointing results for its fiscal fourth quarter. Should you buy Carvana stock?
- 02/24/2023
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Carvana's Future Looks Bleak
- Carvana Co. ( CVNA , Financial) shot to fame in 2020 with the company offering a seamless, contact-free automated solution to shop for used vehicles online at a time when the pandemic discouraged car buyers from heading to dealerships. From around $30 in March 2020, Carvana stock reached a high of close to $360 in less than 12 months as investors got behind the company in anticipation of Carvana revolutionizing the way Americans shop for used vehicles.
- 02/24/2023
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Carvana Skidding On Revenue Decrease, Heavy Debt Burden
- Shares of used-car dealership Carvana Co. (NYSE: CVNA) were a wreck on February 24, trading more than 16% lower after the company reported fourth-quarter results that missed analysts' views by a wide margin.
- 02/24/2023
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Why Carvana Is Plunging 17% Lower Friday Morning
- Carvana is simply running out of time to convince investors it can turn its business around.
- 02/24/2023
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Carvana Implodes
- Carvana Co. (NYSE: CVNA) seemed like a brilliant business venture.
- 02/24/2023
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Carvana Veers Clear of Junkyard---for Now
- The used-car seller is still reeling from a reversal of pandemic-era tailwinds.
- 02/24/2023
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Carvana (CVNA) Reports Q4 Earnings: What Key Metrics Have to Say
- The headline numbers for Carvana (CVNA) give insight into how the company performed in the quarter ended December 2022, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 02/24/2023
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Carvana Co losses rocket as used car sales slide
- Carvana Co confirmed its once stellar growth has stalled as fourth quarter revenues slumped while losses rose almost ten-fold. Arizona-based Carvana pioneered online sales of used cars through its automated ‘car vending machines', a market that boomed during Covid lockdowns when second-hand prices also soared due to semiconductor shortages hitting new car availability.
- 02/24/2023
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Carvana Says Used Cars Sales Will Drop Again in Q1
- After a crushing Q4 in which the country's second-largest seller of used cars saw its unit sales and revenue drop more than 20%, Carvana said it expects continued declines into the first quarter and perhaps beyond.
- 02/24/2023
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Carvana Co. (CVNA) Q4 2022 Earnings Call Transcript
- Carvana Co. (NYSE:CVNA ) Q4 2022 Results Conference Call February 23, 2023 5:30 PM ET Company Participants Ernie Garcia - CEO Mark Jenkins - CFO Conference Call Participants Sharon Zackfia - William Blair Chris Bottiglieri - Exane BNP Paribas Rajat Gupta - JP Morgan Seth Basham - Wedbush Securities Michael Montani - Evercore ISI Ron Josey - Citi Operator Good afternoon, and welcome to the Carvana Fourth Quarter and Full Year 2022 Earnings Conference Call. All participants will be in a listen-only mode.
- 02/23/2023
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Yahoo Finance trending tickers: Carvana, Beyond Meat, Booking Holdings
- Yahoo Finance Live's Jared Blikre examines several stocks trending in the after-hours trading session.
- 02/23/2023
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Carvana (CVNA) Reports Q4 Loss, Misses Revenue Estimates
- Carvana (CVNA) delivered earnings and revenue surprises of 57.83% and 6.11%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/23/2023
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Carvana seeks to reset after 2022 losses, plans $1 billion in cost reductions
- Carvana Co. said it plans to complete a $1 billion reduction in operating costs by the second quarter of 2023 as the online car-sales company seeks to right itself without resorting to layoffs, after it snapped a streak of winning years in 2022.
- 02/23/2023
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2 Auto Dealers Booking Record Profits
- The auto industry has been on a tear recently, with auto dealers, in particular, booking record profit margins on new car sales. This results from a supply shortage of new cars, often allowing dealers to sell cars well above their sticker prices.
- 02/22/2023
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3 Stocks to Put on Bankruptcy Watch in 2023
- Given the pressures we're seeing in many areas of the economy, it's no surprise that businesses are feeling the heat. That's got us looking at a few stocks on bankruptcy watch.
- 02/21/2023
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FOMC minutes, GDP data, Carvana earnings: What to watch for this week
- Yahoo Finance's Alexandra Semenova joins the Live show to break down the week ahead for Wall Street.
- 02/21/2023
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Carvana Stock: Bull vs. Bear
- After falling more than 95%, can Carvana make a comeback or is it dead money?
- 02/20/2023
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Better Buy: Carvana vs. Etsy
- Which e-commerce stock should be in your shopping cart?
- 02/20/2023
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Meme-stock era record falls: Retail traders dumped $1.5 billion a day into U.S. equities in January
- Retail traders bought up U.S. stocks at the fastest pace ever recorded in January, as inflows from traders using electronic brokerages surpassed the previous peak from the height of the meme-stock craze in 2021 according to data from Vanda Research.
- 02/17/2023
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3 Reasons to Steer Clear of Carvana Stock
- Carvana's business model is being shaken to the core by factors it can't control.
- 02/15/2023
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Will Carvana (CVNA) Stock Go Back Up? Here's My Take.
- Meme-stock traders on Reddit might be enamored with used-car retailer Carvana (NYSE: CVNA ), but does this mean you should expect a sustained rebound in CVNA stock? Before jumping into a hasty trade, consider Carvana's fundamentals.
- 02/14/2023
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Here Are the 5 Best- and Worst-Performing Mid-Cap Stocks in January 2023
- For many investors, investing in mid-cap stocks is considered to be a safe portfolio diversification strategy because mid-caps can offer better returns than large-cap stocks and tend to be more stable than their small-cap counterparts.
- 02/13/2023
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7 Stocks to Avoid Now That Everyone Loves Them
- Over the last few weeks, scores of stocks have come back stronger than ever. Unfortunately, many of those are now leading the list of stocks to avoid.
- 02/12/2023
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Here's Why You Should Avoid the Carvana Short Squeeze Like the Plague
- Long-term investors can just as easily find themselves "squeezed" in this situation.
- 02/11/2023
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Carvana Is Down 91% From Its High. Time to Buy?
- Is it worth buying the dip?
- 02/10/2023
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Super Bowl ad curse? The stocks of these Big Game advertisers didn't fare so well
- As the Philadelphia Eagles faceoff against the Kansas City Chiefs, ad time comes at a steep cost. Is the price worth it for investors?
- 02/10/2023
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3 Ultra-Popular Stocks the Bond Market Believes Are Headed to $0
- The bonds of these once high-flying companies are priced between 50% and 90% below par.
- 02/10/2023
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The Most Shorted Stocks Lead the Market in 2023: Can it Continue?
- The best performing stocks of the year so far have been those with the largest short positions
- 02/09/2023
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7 Out-Dated Meme Stocks to Sell Before It's Too late
- Experienced investors should review their portfolios for meme stocks to sell. January's market rebound brought back buying in outdated meme stocks, but it's time to get out while you can.
- 02/09/2023
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Why Is Carvana (CVNA) Stock Up 9% Today?
- Making for an odd dynamic, the benchmark S&P 500 index slipped roughly 1% in the early afternoon session while deeply embattled Carvana (NYSE: CVNA ) swung higher to the tune of 9% at one point today. Recently, rumors swirled about the used-car retail and delivery service's eventual bankruptcy.
- 02/08/2023
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Where Will Carvana Be in 1 Year?
- The online used car dealer has so far survived fears of a bankruptcy filing.
- 02/08/2023
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Carvana Stock Is Up 200% in 2023: Is It a Screaming Buy Right Now?
- Renewed optimism with the stock can't mask business issues beneath the hood.
- 02/08/2023
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Are These Best ETFs And Stocks On Your Radar Amid New 'Power Trend'?
- With a new Nasdaq "power trend" emerging, see the best ETFs and top stocks to watch, such as Axon, earning a spot on IBD Leaderboard. The post Are These Best ETFs And Stocks On Your Radar Amid New 'Power Trend'?
- 02/06/2023
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Tesla Has Raised New Car Prices as Used Values Sink. Carvana Is Trying To Keep Up.
- Used car buyers looking for a Tesla can pay more than the price of a new vehicle if they are not careful.
- 02/06/2023
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Up 200%, Is Carvana Stock a Buy?
- This battered used car retailer may face even more downside.
- 02/04/2023
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Carvana stock surge: What investors need to know
- Brian Nagel, senior analyst at Oppenheimer, joins 'Power Lunch' to discuss beaten-down stock names making upward moves, near and long-term investment strategies for Carvana and Peloton, and more.
- 02/03/2023
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Carvana ‘meme'-like stock bounces back sharply, putting it on track for longest win streak in 19 months
- Shares of Carvana Co. CVNA, -0.07% pulled a sharp U-turn to trade higher in afternoon trading Friday, putting them on track to stretch their “meme”-like win streak to seven sessions. The online used car marketplace's stock was down as much as 9.1% at the intraday low of $12.95, but was up 0.2% at $14.28 in recent trading.
- 02/03/2023
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Carvana stock up 200% year-to-date amid short squeeze
- Yahoo Finance's Ines Ferre joins the Live show to discuss Carvana stock.
- 02/03/2023
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Carvana Bulls Are On The Prowl Again - Carvana (NYSE:CVNA)
- Shares of Carvana Co. CVNA have gained a whopping 208% year to date. On CNBC's "Options Action," Michael Khouw of Optimize Advisors said the stock traded three times its average daily volume on Thursday.
- 02/03/2023
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7 F-Rated Stocks to Sell in February
- We're out of January and finally settling into the 2023 year. After ending 2022 in the red, all the major indices are showing gains through the first month of the year.
- 02/03/2023
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Carvana: Mother Of All Short Squeezes Could Be Upon Us
- Carvana Co.'s stock has already appreciated by over 300% in recent weeks. With an over 60% short interest, there's a possibility that an even greater short squeeze is upon us.
- 02/02/2023
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Beaten down stocks like Carvana and Bed Bath & Beyond are getting a huge boost as risk appetite returns amid the Fed's acknowledgement of falling inflation
- The drop in interest rates helped spark a significant rally in beaten down stocks on Thursday, with the technology sector leading the way.
- 02/02/2023
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Are These 3 Companies Next for Short Squeezes?
- More than half of the outstanding shares for these stocks are sold short.
- 02/02/2023
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Carvana: We Are Likely To Witness An Epic Short Squeeze
- Carvana is an auto retailer that is fundamentally doing extremely poorly. With J. Powell sounding dovish yesterday, investors have started to cover more short positions.
- 02/02/2023
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Carvana Stock Up 187%: Will Its Streak Continue?
- The short squeeze "casino" has opened once again.
- 02/02/2023
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2 Hot Stocks That Have Already More Than Doubled in 2023
- Two stocks that plummeted 98% and 87% in 2022 more than doubled in January.
- 02/01/2023
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If You Own Carvana (CVNA) Stock, Sell Before This Happens
- Are the wheels falling off of used-car retailer Carvana (NYSE: CVNA )? It's a legitimate question as CVNA stock investors have suffered staggering losses over the past year.
- 02/01/2023
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Carvana Is Up 39.28% In One Week: Is It The Newest Meme Stock?
- The days of used cars commanding steep prices are in the rearview mirror, and the downward trajectory of dealer Carvana Co. (NYSE: CVNA) is sign of these conditions.
- 02/01/2023
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Carvana expected ‘to lose $2 billion in 2022' on the bottom-line: Analyst
- Huber Research Partners Managing Director Douglas Arthur joins Yahoo Finance Live anchors Seana Smith and Dave Briggs with his insights into Carvana.
- 01/31/2023
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Carvana stock extends ‘meme'-like surge, heads toward longest win streak in 4 months
- Shares of Carvana Co. continued their “meme”-like surge Tuesday, rallying 10.0% toward a 2 1/2-month high in premarket trading despite no official news released. The online used-car retailer's stock had run up 53.9% over the past two days, and 55.5% amid a three-day win streak through Monday.
- 01/31/2023
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Strength Seen in Carvana (CVNA): Can Its 28.7% Jump Turn into More Strength?
- Carvana (CVNA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 01/31/2023
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Carvana, NXP Semi, Whirlpool, Caterpillar, GM, and More Market Movers
- Caterpillar, General Motors, Exxon Mobil, Pfizer, United Parcel Service, and McDonald's are scheduled to report quarterly earnings Tuesday.
- 01/31/2023
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Carvana spikes 30% to extend massive 2023 gains amid meme-style short squeeze
- The online used-car retailer's stock is up more than 100% since the start of the year and holds the second-highest short interest.
- 01/30/2023
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Why Is Carvana (CVNA) Stock Up 25% Today?
- Shares of Carvana (NYSE: CVNA ) are up about 25% on Monday as the stock hits its highest level since mid-November. In fact, CVNA stock is now up 173% from its December low.
- 01/30/2023
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Carvana stock soars - why?
- Shares of online used car dealer Carvana are up in trading as the supply in used car strengthens and the prices of new cars remain at all time highs.
- 01/30/2023
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Why Carvana Stock Was Skyrocketing Today
- A short squeeze gave the struggling used car dealer another boost.
- 01/30/2023
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Up 40% In 2023, Is Carvana Stock Ready to Make a Comeback?
- The used car marketplace has gone through a really bad rough patch lately.
- 01/29/2023
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Carvana Is Down 95% From Its High. Time to Buy?
- The upstart used car dealer's shares have crumbled. What should investors read into the price move and the company's performance?
- 01/27/2023
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Carvana stock soars in active trading to lead the NYSE's gainers
- Shares of Carvana Co. CVNA, +20.69% soared 20.8% in active afternoon trading Friday, enough to pace the New York Stock Exchange's (NYSE) gainers list. Trading volume swelled to 28.6 million shares, already well above the full-day average of 18.6 million.
- 01/27/2023
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5 Best and Worst Performing Small-Cap Stocks in Q4 2022
- The fourth quarter of 2022 was relatively better for the stock markets, with the S&P 500 up over 7% (its only positive quarterly return for the year).
- 01/26/2023
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Why Carvana Investors Slammed on the Brakes Today
- The company gets out of hot legal water by reaching a settlement with the state of Illinois.
- 01/25/2023
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4 Problem-Child Stocks To Sell Or Short For 2023
- With monetary policy tightening, unprofitable and weak companies are going to fail. Knowing simple rules of thumb for which stocks to avoid will save you heartache as an investor, as will the ability to read a balance sheet!
- 01/24/2023
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Top 5 most-shorted stocks as of January 2023
- The macroeconomic climate in 2022 and 2023 has had a negative impact on many equity investments. Fears of a possible recession and a gloomy attitude among investors have affected companies in precarious financial situations.
- 01/24/2023
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Why E-Commerce Stocks Chewy, Etsy, and Carvana Rallied Today
- Improving market sentiment helped lift e-commerce stocks as a class.
- 01/23/2023
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Short Squeeze Stocks Alert: 5 Hot Stocks With HIGH Cost to Borrow Fees
- 2022 marked a successful year for short sellers, as the S&P 500 declined by about 19%. According to S3 Partners, shorted stocks returned 30.8% last year, outperforming the benchmark index by a wide margin.
- 01/23/2023
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Why Auto Stocks Dropped Like a Rock Today
- EV and used car stocks are falling as their prospects get dimmer by the day.
- 01/19/2023
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Carvana Adopts "Poison Pill": What It Means for Investors
- Overcoming long-term challenges is still what investors should focus on.
- 01/19/2023
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Why Carvana Stock Is Accelerating Again Today
- The company is making moves to get back in the fast lane.
- 01/18/2023
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Carvana rallies on $4B loan sale and adoption of "poison pill"
- Carvana Co. (NYSE:CVNA)'s shares drove higher after the ailing used car retailer said it had reached agreement to sell up to $4 billion of auto loans. The group, which has seen its shares plummet in the last year, said Ally Bank and Ally Financial will buy the loans, giving it a fresh source of funding as it tries to restructure its operations.
- 01/17/2023
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Carvana Stock Pops After Company Adopts "Poison Pill"
- Carvana Co (NYSE:CVNA) adopted a shareholder rights plan, or a "poison pill," to protect its ability to reduce future tax bills.
- 01/17/2023
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Why Carvana Stock Popped Today
- The used car dealer adopted a "poison pill" plan.
- 01/17/2023
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Carvana's Impending Car Wreck Was Preventable
- A closer look at what went wrong with Carvana.
- 01/17/2023
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Carvana (CVNA) Stock Pops After Poison Pill Adoption
- Carvana (NYSE: CVNA ) stock is climbing higher on Tuesday after the used-car retailer adopted a poison pill position. This poison pill strategy has Carvana seeking to protect its net operating loss carryforwards (NOLs).
- 01/17/2023
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Carvana Adopts a 'Poison Pill' to Roll Over Losses. Stocks Bounce.
- The so-called 'NOLs carryforwards' are tax provisions that discourage the acquisition of more than 4.9% of the company's stock. They are seen as a move to avoid a hostile takeover.
- 01/17/2023
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Carvana stock jumps after ‘poison pill' adopted, exercisable if an investor acquires at least 4.9% stake
- Shares of Carvana Co. CVNA, -12.58% jumped 2.4% in premarket trading Tuesday, after the online used-car retailer said it adopted a shareholder rights plan, in an effort to block investors from buying up a stake while the stock price is depressed. The stock has tumbled 61.5% over the past three months through Friday, and plummeted 95.5% over the past 12 months, amid liquidity concerns due to falling used-car demand and and reports of continued layoffs.
- 01/17/2023
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Carvana Stock Is Up 16% This Year. Here's Why I'm Still Not Buying Shares.
- Shareholders should be worried about solvency issues with this used car marketplace.
- 01/17/2023
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7 Stocks to Avoid as Layoff Headlines Explode
- Invariably, with the Federal Reserve forced into the unenviable task of taking away the monetary punch bowl, certain stocks to avoid would come up based on mass layoffs. Effectively, the earlier response to the coronavirus pandemic led to a dramatic rise in the real M2 money stock.
- 01/16/2023
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Carvana's Boom and Bust: The Takeaways for Investors
- We've got a look at stock moves and advice for anyone who wants to be a contrarian investor.
- 01/14/2023
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Carvana Stock Rally, Here's What You Need to Know
- Carvana's stock price shot off this week but the rally might be out of proportion to its long-term potential. Let's investigate what happened.
- 01/14/2023
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The Market Sum: Strong Performance
- U.S. stock indexes advanced on Jan. 13, heading into the long weekend on a high note with strong bank earnings reinforcing positive signals on inflation.
- 01/13/2023
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US Markets Rise Again to Close Out Strong Week of Gains
- U.S. stock indexes advanced on Jan. 13, heading into the long weekend on a high note with strong bank earnings reinforcing positive signals on inflation.
- 01/13/2023
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Carvana stock falls lower amid job cuts, slowing sales
- Shares of Carvana tumbled on Friday as the company is reportedly set to cut jobs over slowing sales and a debt squeeze.
- 01/13/2023
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Why Shares of Carvana Soared This Week
- It wasn't an improvement in business fundamentals that drove shares of this used car marketplace higher. So what caused the stock to move?
- 01/13/2023
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Carvana: Another Chance To Sell
- Shares surge in another meme stock rally. Used vehicle prices continue to fall.
- 01/13/2023
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Why Carvana's Stock Is Volatile Today
- The company is laying off more employees.
- 01/13/2023
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Is a Giant Short Squeeze Brewing in Carvana (CVNA) Stock?
- Carvana (NYSE: CVNA ) stock closed higher by more than 40% yesterday, surprising many investors across the board. Today, the Wall Street Journal announced that the company is “quietly terminating employees” and reducing hours for current employees, according to “internal emails.
- 01/13/2023
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Carvana Layoffs 2023: What to Know About the Latest CVNA Job Cuts
- Carvana (NYSE: CVNA ) layoffs are a hot topic among traders of the company's stock as it has been secretly cutting jobs. According to a recent report, Carvana is letting employees go and not filling open positions as a way to reduce its headcount.
- 01/13/2023
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Retail Traders Target Heavily Shorted Carvana Stock
- Online used car retailer Carvana Co (NYSE:CVNA) has been making a lot of noise this week.
- 01/13/2023
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Carvana Options Traders Are Betting The Stock Will Rally By This Much In The Coming Week - Carvana (NYSE:CVNA)
- Carvana Co. CVNA shares traded higher Thursday amid volatility in high short interest stocks.
- 01/13/2023
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Carvana cutting more staff as sales continue to decline: WSJ
- Carvana Co. CVNA, +46.00% is cutting more staff as sales fall and it tries to rein in costs and conserve cash to cover more than $7 billion of debt, the Wall Street Journal reported Friday, citing employees and industry analysts. The online used-car seller has been quietly letting staff go, reducing hours and leaving open positions unfilled, the paper reported, citing current and former employees and internal emails.
- 01/13/2023
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Carvana: Why Millennials Should Make A Small Investment Now
- Carvana stock is the internet pure-play with the highest upside. CVNA might also go belly up.
- 01/13/2023
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Carvana stock soars to lead NYSE gainers on heavy volume
- Shares of Carvana Co. CVNA, +23.87% soared 24.7%, enough to pace the New York Stock Exchange's gainers, even though the online used-car retailer hasn't released any news. Trading volume swelled to 33.3 million shares, already well above the full-day average over the past 30 days of 20.5 million shares.
- 01/11/2023
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Investors, Beware: Short Squeezes Are Back
- Some hard-hit stocks were jumping considerably on Wednesday.
- 01/11/2023
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Why Carvana Stock Was Flying Higher Today
- Shares of the online dealer in used cars jumped on a short squeeze.
- 01/11/2023
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These Stocks Were 2022's Worst. That Doesn't Make Them Buys.
- Investors looking forward to a better year for the stock market might figure the worst performers will deliver the best gains, but history indicates otherwise.
- 01/09/2023
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Why Is Everyone Talking About Carvana Stock?
- The online used car dealer has endured a remarkable collapse.
- 01/08/2023
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Proceed With Caution When Considering These 5 Ultra-Popular Stocks
- Investing in any stock comes with some risk -- but these companies have far too much of it.
- 01/07/2023
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Traders who bet against stocks made a killing in 2022, as short sellers netted $300 billion
- Short holdings had a return of 30.8% in 2022 as the market slid.
- 01/05/2023
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Why Carvana Stock Dropped 39% In December
- Liquidity concerns are rising as the company struggles to move inventory.
- 01/03/2023
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Why Lucid, Rivian, and Carvana Stocks Sank Today
- What does Tesla's bad news mean for its competitors?
- 01/03/2023
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3 tech fallen angels that could go bankrupt in 2023
- Bankruptcies have been falling in the United States despite the challenging macroeconomic conditions of the past few years. However, 2023 could be a different year, with rising defaults by technology companies as their stock prices dwindle and financing dries.
- 01/03/2023
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Where Will Carvana Stock Be in 1 Year?
- The online used car dealership faces an existential crisis.
- 01/03/2023
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Is This the Final Straw for Carvana Stock?
- Carvana was cruising -- then everything changed.
- 12/31/2022
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"Risk On" Trade Pushes Carvana, Silvergate, and Skillz Higher Today
- Investors are, for the moment, willing to overlook the challenges facing these businesses.
- 12/29/2022
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Why Carvana Motored 3% Higher Today
- The stock might just have reached its bottom.
- 12/28/2022
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'Nowhere to Hide' for Carvana as Used-Car Prices Fall, Analyst Says
- Wedbush analyst Seth Basham maintains his Underperform rating on shares of Carvana and12-month price target of $1.
- 12/28/2022
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Will There Be a Bull Market in 2023?
- These two investors take opposite sides of the debate but agree there are still good stocks to buy in either scenario.
- 12/28/2022
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The Institutions Choose CarMax Over Carvana, Should You?
- There is a clear bias in used car stocks that has CarMax set up to outperform Carvana in 2023 and beyond that includes institutions and short-sellers.
- 12/27/2022
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Carvana Stock Dropped Almost 100% In 2022 - What's The Forecast For 2023?
- Carvana has seen its share price drop almost 100% year-to-date. We break down the 2023 forecast for the used car retailer and its very loyal creditors.
- 12/25/2022
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The 7 Most Sold-Off Stocks of 2022
- With a contentious time in 2022 coming to a close, it may be helpful to look back and consider the most sold-off stocks last year. Similar to learning from prior mistakes, investors may be able to garner lessons from the worst-hit market ideas.
- 12/24/2022
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Why Carvana Stock Was Stuck at a red Light Today
- A rival's perceived underperformance put the brakes on its shares the last trading day of the week.
- 12/23/2022
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Why Carvana's Stock Is Crashing One Day After It Jumped
- The online used car dealer is once again in free fall.
- 12/22/2022
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KMX Stock Dives As Used Car Price Bubble Unwinds
- KMX stock dived Thursday after Q3 earnings deeply undercut analysts' target. Used car prices are falling.
- 12/22/2022
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Online Retail Stocks To Watch As Inflation Eases
- Our theme of E-Commerce Stocks, which is comprised of U.S.-based e-commerce companies as well as logistics and payment players, has declined by almost 53% year-to-date, underperforming the Nasdaq-100, which remains down by 32% over the same period.
- 12/22/2022
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Carvana: Too Risky To Invest
- During the pandemic, the company's stock price surged reaching an all-time high of more than $360. Since then, the stock has lost nearly 98% of its value. Although Carvana has seen a huge increase in revenue, profitability has not yet followed.
- 12/21/2022
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Carvana's Accounting Is Misleading and Weird
- One of the company's most important metrics is partially nonsense.
- 12/21/2022
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These 2 Stocks Could Go to Zero
- The bond market has rapidly soured on both money-losing companies.
- 12/20/2022
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How disrupting the used car market caused Carvana to succeed and stumble
- In August 2021, pandemic-related factors propelled Carvana's business to new heights. But the company had since struggled and its future is now in question.
- 12/20/2022
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Why Carvana Is Such a Wreck Today
- The online used car dealer can't stop skidding.
- 12/19/2022
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What's Going on With Carvana Stock?
- The used-car business faces pressure as consumer demand wanes.
- 12/17/2022
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Why Carvana Stock Was Sliding Today
- An analyst said bankruptcy was a real possibility.
- 12/16/2022
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Why Are Chinese Education Stocks TAL, EDU Up Today?
- Chinese education stocks are on the rise Friday despite a lack of news specifically related to these companies. Instead, it looks like Chinese education stocks are continuing their recent upward momentum as investors react to loosening Covid-19 restrictions in the country.
- 12/16/2022
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T. Rowe Price Capitulates on Carvana (CVNA) Stock
- Shares of Carvana (NASDAQ: CVNA ) have plunged lower by more than 95% this year, and large shareholders are taking notice. The decline has been led by lower used car car prices, inflation and a lack of profitability.
- 12/16/2022
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Carvana Stock: Bull vs. Bear
- The formerly high-flying automotive e-commerce stock is down 98% this year. Should investors be buying?
- 12/16/2022
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25 Meme Stocks to Sell Before They Die
- Since the Gamestop (NYSE: GME ) short squeeze shook the investing world in 2021, investors have been focused on finding the next meme stock. It's been a long, hard search with no clear end.
- 12/15/2022
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Why Carvana Rose Then Fell This Morning
- The online used car dealer couldn't maintain the momentum from yesterday's gains.
- 12/15/2022
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Carvana shares jump by as much as 16%, snapping losing streak
- Carvana Co.'s stock rose by as much as 16% on Wednesday, trading as high as $5.59 and looking poised to snap a two-session losing streak.
- 12/14/2022
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Why Carvana Stock Got a Jump-Start Today
- Positive comments from an analyst sent this stock higher.
- 12/14/2022
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Carvana's Demise Seems a Little Overhyped
- Despite Carvana Co. ( CVNA , Financial) being named Yahoo Finance's Worst Company of 2022, losing over 95% of its market value, it may actually survive and could be a solid speculative opportunity. Currently, the company has a market capitalization just shy of $1 billion, annual revenue in 2021 of $12.8 billion (close to $15 billion in the last 12 months) and suffers from a total debt burden over $8 billion, leaving it wide open to bankruptcy, especially since it is now losing money.
- 12/13/2022
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Carvana, CarGurus stocks started at hold rating by Citi
- Citi analysts on Tuesday started covering Carvana Co. and CarGurus Inc. stocks at the equivalent of a hold rating, saying the online car marketplaces stand to benefit from growing consumer desire for online shopping and gaining market share in a fragmented industry.
- 12/13/2022
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Is Carvana Really Going Bankrupt?
- Why investors may want to avoid this stock for now.
- 12/13/2022
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Carvana named Yahoo Finance's Worst Company of the Year, shares down 98% year-to-date
- Yahoo Finance's Pras Subramanian and Rick Newman join the Live show to break down their choice of Carvana for Worst Company of the year, highlighting its 2022 losses amid the floundering used car market.
- 12/13/2022
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Carvana faces a tough 2023 as it burns cash
- Yahoo Finance's Rick Newman explains why Carvana was voted Yahoo Finance's Worst Company of the Year after a tumultuous 2022, plus the outlook for the stock and the used car marketplace's business model heading into 2023.
- 12/12/2022
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Why Carvana Continues to Head in the Wrong Direction
- The situation is getting grimmer for the online used car dealer.
- 12/12/2022
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Carvana's liquidity risk is ‘building here,' analyst says
- RBC Capital Markets Internet Analyst Brad Erickson joins Yahoo Finance Live anchors Julie Hyman, Brad Smith and Brian Sozzi to discuss Carvana's liquidity risk, the declining used-car market, and the outlook for Carvana.
- 12/12/2022
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Carvana is Yahoo Finance's Worst Company of the Year
- Yahoo Finance's Dan Howley joins the Live show to discuss Yahoo Finance's Worst Company of the Year.
- 12/12/2022
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Top 5 most-shorted stocks as of December 2022
- More investors are interested in shorting and learning how they might benefit from a short squeeze as a result of the Reddit-fueled short squeeze on stocks like GameStop (NYSE: GME) and AMC Theaters (NYSE: AMC).
- 12/12/2022
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Why You Should Run Away / Dump Carvana Stock Now
- These results are likely to get worse.
- 12/10/2022
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Wall Street Is Giving Up on Carvana
- Analysts are abandoning the troubled used car retailer. Better late than never.
- 12/10/2022
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Southwest, PepsiCo, Carvana: Stocks That Defined the Week
- Here are seven major companies whose stocks moved on the week's news.
- 12/09/2022
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Carvana bonds rally off worst levels but cash crisis continues to spook Wall Street
- Carvana Co. bonds were rallying off their worst levels Friday but their deeply distressed levels continued to reflect steep concerns about a potential bankruptcy.
- 12/09/2022
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Why Is Carvana (CVNA) Stock Facing Trading Halts Today?
- Carvana (NYSE: CVNA ) stock has been in the news a lot lately. With bankruptcy speculation swirling, that's no surprise.
- 12/09/2022
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Carvana creditors criticize management, gird for a fight
- Carvana's creditors include Apollo Global Management Inc., Pacific Investment Management Co. and Ares Management Corp., all veterans of restructuring fights.
- 12/09/2022
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Why Carvana Is Crashing 39% This Week
- The market expects the online used car dealer to run off the road very soon.
- 12/09/2022
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Carvana could run out of cash in months: Analyst
- Yahoo Finance Live anchors Julie Hyman and Brian Sozzi discuss Carvana and one analyst's belief that the company could run out of cash in the coming months.
- 12/09/2022
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Carvana stock set for another decline as ‘confidence is low' with bankruptcy feared
- Carvana Co. shares were set to fall again Friday, after a Thursday rally that followed Wednesday's record declines, as analysts highlighted the challenging path ahead for the used-car retailer.
- 12/09/2022
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Better Buy: Carvana vs. Upstart
- Which burned-out hypergrowth stock is still showing flickers of life?
- 12/09/2022
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Carvana Edges Toward Reworking Debt
- The group of debtholders, led by Apollo Global Management and Pacific Investment Management Co., has agreed to band together in preparation for a restructuring of Carvana's obligations. Eliza Ronalds-Hannon reports on "Bloomberg Markets.
- 12/08/2022
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Carvana Stock Rebounds as Fear of Debt Restructuring Grows
- Wedbush analyst Seth Basham downgraded his rating on Carvana shares to Underperform and lowered his price target for the company's stock to $1.
- 12/08/2022
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Why Carvana Was Bouncing Back Today
- Is it just a dead cat bounce?
- 12/08/2022
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Insiders Buying Carvana (CVNA) Stock in 2022 Are DEEP in the Red
- It's been a disastrous year for Carvana (NYSE: CVNA ), as shares of the used-vehicle retailer are down by more than 95% year-to-date. Yesterday, CVNA stock plunged lower by more than 40% after it was announced that the company's creditors had signed a pact that would allow them to act together when making negotiations with Carvana.
- 12/08/2022
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Top Tech Calls: Carvana, Tesla, Travel Sector
- Bloomberg's Ed Ludlow brings Wednesday's top tech calls: Carvana drops at its lowest on record, Tesla might need to further cut prices in China, and the travel sector could be in trouble.
- 12/08/2022
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CVNA Stock Price Prediction: Is Carvana Really Worth Just $1?
- Carvana (NYSE: CVNA ), which operates an online portal where people buy and sell used vehicles, is in the spotlight on Wall Street. However, the buzz isn't positive as Carvana's biggest creditors are reportedly working together toward a possible restructuring arrangement.
- 12/08/2022
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Is Carvana Going To Declare Bankruptcy?
- Carvana is looking to be on the brink of bankruptcy, with yields on their corporate notes above 30% according to the Wall Street Journal.
- 12/08/2022
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Why You Should Avoid Carvana Even if it Avoids Bankruptcy
- Carvana Co. shares are crashing as investors fear the company is headed for bankruptcy. This article explains why you should avoid CVNA stock even if it's not
- 12/08/2022
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Carvana Runs Out of Gas
- Whatever happens, Carvana's downward spiral shows there's no easy path to forging the connected economy. Wednesday, the stock in the beleaguered online car firm plummeted 43% amid reports that creditors have worked out an agreement to enter into negotiations with Carvana to restructure debt.
- 12/07/2022
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Carvana: This Is The End
- Carvana Co.'s lenders are coming together to avoid a potential creditor fight in the event of a debt restructuring. Even if Carvana can avoid a bankruptcy, equity investors will be unlikely to find much value in their shares.
- 12/07/2022
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Stock movers of the day: Mongodb, GameStop, Carvana, Academy Sports
- Yahoo Finance's Jared Blikre looks at the top stock movers of the day, including Carvana and other auto dealers.
- 12/07/2022
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Carvana stock crashed another 45% on Wednesday: here's why
- Shares of Carvana Co (NYSE: CVNA) crashed as much as 45% this morning as growing concerns related to bankruptcy weighed on the stock price.
- 12/07/2022
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Carvana Shares Crash To All-Time Low—Here's How Its 99% Drop Compares To Other Pandemic Darling Stocks
- Shares of Peloton, Zoom and DocuSign have similarly tanked, though not quite as drastically as those of the used car company.
- 12/07/2022
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Carvana shares take another wrong turn as creditor pact sparks further uncertainty
- Carvana Co (NYSE:CVNA)'s fall from grace continued today with shares plunging a further 38.3% as Bloomberg reported that creditors who control about 70% of the group's unsecured debt have agreed for the next three months to act together in negotiations. Bloomberg said Apollo Group and Pimco, who control around $4 billion of Carvana's unsecured debt, have formed a pact to try and “prevent creditor fights that have complicated other debt restructurings in recent years.
- 12/07/2022
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Carvana stock tumbles 35%, risking worst day on record as bankruptcy fears rev up
- Carvana stock on Wednesday was in danger of posting its second-worst — and possibly its worst — day on record, on heavy volume and amid growing concerns about its ability to remain a going concern, according to a number of reports about the used-car retailer.
- 12/07/2022
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Carvana Stock Plunges 33% As Bankruptcy Risk Rises, Says Wedbush
- Shares of Carvana trade below $5 a share for the first time since the company went public in 2017.
- 12/07/2022
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Carvana stock slides on bankruptcy risk
- Carvana investors are fleeing as speculation swirls over the used car retailer's survival. Shares fell more than 30% during Wednesday's trading session.
- 12/07/2022
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Why Carvana Stock Crashed Today
- Wedbush Securities sees an increasing risk that the used car seller will file for bankruptcy.
- 12/07/2022
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Carvana shares plummet after the open as bankruptcy concerns grow
- 'Mad Money' host Jim Cramer and the 'Squawk on the Street' team discuss shares of ServiceNow, Carvana and more following the opening bell on Wednesday.
- 12/07/2022
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Carvana stock tanks after Wedbush warns of bankruptcy risk
- Yahoo Finance Live anchors discuss a Wedbush analyst's note downgrading Carvana stock to Underperform from Neutral.
- 12/07/2022
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Carvana downgraded at Wedbush on restructuring concerns, stock slammed
- Carvana Co. shares CVNA, -39.49% were falling about 30% in morning trading Wednesday after Wedbush analyst Seth Basham downgraded the stock to underperform from neutral, writing of his view that the company's bankruptcy risk is rising. He mentioned a Bloomberg report describing a pact between some of Carvana's large creditors like Apollo Global Management and PIMCO that is meant to avoid brutal fighting among creditors in the event of a debt restructuring.
- 12/07/2022
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Carvana (CVNA) Stock Plunges as Cash Crunch Worsens
- Carvana (NYSE: CVNA ) stock is plunging 38% today and trending on social media. The troubled online auto dealer's shares are tumbling after Bloomberg reported the company's largest creditors had signed an agreement regarding restructuring talks.
- 12/07/2022
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Carvana shares tank as bankruptcy concerns grow for used car retailer
- Shares of Carvana plummeted by nearly 40% after its largest creditors reportedly signed a deal binding them to act together in negotiations.
- 12/07/2022
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7 Growth Stocks to Sell Before They Wither in 2023
- Up until last year, investing in growth stocks appeared to be the golden ticket to success. However, given the current volatility and unpredictable nature of the stock market, investors should think twice about investing in growth stocks.
- 12/07/2022
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Carvana plunges 30% as major creditors reportedly form pact to cooperate on restructuring
- Carvana's corporate debt issue maturing in 2029 is trading at just 32 cents, distressed levels that are associated with an imminent bankruptcy filing.
- 12/07/2022
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Carvana creditors ink cooperation agreement ahead of expected cash crunch for used car seller: Bloomberg
- Carvana Co. CVNA, -5.49% creditors led by Apollo Global Management Inc. APO, -1.95% and Pacific Investment Management Co. inked an agreement to team up in credit talks with the company in a move to avoid the conflicts that have arisen in other debt restructurings, Bloomberg reported Wednesday. Firms holding 70% or about $4 billion of Carvana's unsecured debt have signed the cooperation agreement, the report said, citing unnamed sources.
- 12/07/2022
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Carvana: A Great Contrarian Investing Opportunity
- Carvana has sufficient liquidity resources from 2.6 billion of inventory, and $2 billion of real estate that will cover expected cash outflows from operations, capex, and interest expenses through 2023. Equity financing will be an option for Carvana if needed. Ernie Garcia II, who owns 41% of the company equity, has a strong incentive to rescue the company.
- 12/06/2022
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Insider Buying in 3D Systems, Live Nation and 5 Others
- Insiders can sell for a whole host of reasons, including to make other investments, buy a house and pay for life's expenses.
- 12/05/2022
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7 Stocks That Are Screaming Sells Heading Into 2023
- Although commitment through astounding odds stirs the soul, when it comes to stocks that are screaming sells, investors must consider the stone-cold fundamentals. To be clear, this list isn't about bashing particular securities for the heck of it.
- 12/03/2022
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5 Well-Known Buy-Rated Stocks That Were Red-Hot but Now Trade Under $10
- While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
- 12/03/2022
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Why Carvana Stock Was Sliding Today
- A strong jobs report was bad news for the car dealer.
- 12/02/2022
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Why Carvana Plunged 43% in November
- A weak earnings report and layoffs weighed on the used car dealer.
- 12/02/2022
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Insiders Are Buying Up Carvana (CVNA) Stock Right Now
- Shares of Carvana (NASDAQ: CVNA ) have fallen by more than 95% year-to-date, leading to a steady stream of insiders lining up to buy the dip. The decline in CVNA stock has been led by falling used car prices and lowered consumer spending, which has been detrimentally affected by consistent inflation.
- 12/01/2022
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Why Carvana's Stock Is Rising Fast Today
- Some investors regained their optimism in Carvana after the Fed indicated it would slow the severity of its rate increases.
- 12/01/2022
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7 Retail Stocks Getting Nothing But Coal This Holiday
- While the winter season can sometimes bring out the holiday cheer on Wall Street, certain retail stocks to sell may court trouble. Certainly, it's not everyone's favorite topic.
- 11/30/2022
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Carvana stock rises amid BofA downgrade, price target cut
- Shares of Carvana are ticking upward despite Bank of America downgrading the stock and cutting its price target to $10.
- 11/30/2022
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Why Carvana Stock Is Volatile Today
- Another analyst downgraded the company's stock.
- 11/30/2022
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Carvana stock could go to zero dollar: Bank of America
- Carvana Co (NYSE: CVNA) is trading down this morning after a Bank of America analyst cited “cash crunch” and warned the stock could ultimately go to “zero”.
- 11/30/2022
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Carvana (CVNA) Stock Could Hit $0
- Carvana (NYSE: CVNA ) stock is taking a beating on Wednesday after Bank of America analyst Nat Schindler blasted the company's shares in a report. The new coverage from Schindler includes a potential price target of $0 per share for CVNA stock.
- 11/30/2022
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Top 10 most-shorted stocks as of November 2022
- The difficult state of the macroeconomic environment in 2022 has had a negative impact on the performance of a number of equity investments. Worries about a recession and a bearish attitude among investors have been especially unsettling for companies with weak financial positions.
- 11/30/2022
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Carvana stock downgraded as Bank of America worries about cash position
- Shares of Carvana Co. CVNA, -4.77% are down more than 2% in Wednesday morning trading after Bank of America analyst Nat Schindler downgraded the stock to neutral from buy, warning of the company's cash situation. "Carvana has been struggling to turn profitable, and with ~$600mn in annual interest expense is burning through cash quickly," he wrote in a note to clients.
- 11/30/2022
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November auto sales estimated to hit 14.4-14.6 million
- CNBC's Phil LeBeau joins 'The Exchange' to remark on trends towards a normalization in auto sale prices, the unveiling of Tesla's first electric semi truck and the status of automotive supply chains.
- 11/28/2022
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Is Carvana Stock a Buy Now?
- This pandemic-era darling is trading at bargain-bin valuations.
- 11/26/2022
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Why Carvana Stock Was Bouncing Higher Today
- Is this just a dead cat bounce?
- 11/23/2022
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3 Growth Stocks You Can Buy Right Now With Less Than $100
- You don't need a lot money to buy into these fallen -- but not broken -- growth stocks. One has plummeted 97% this year.
- 11/23/2022
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Insiders Are Buying Up Carvana (CVNA) Stock. Here's Why.
- Carvana (NASDAQ: CVNA ) stock rose 6% overnight on news of insider buying. Indeed, the troubled online car business got a boost thanks to its chief product officer.
- 11/23/2022
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Is it safe to buy the Carvana stock dip?
- Carvana (NYSE: CVNA) stock price has had a remarkable fall from grace as concern about the company continued. It plunged to a low of $6.8, which was its all-time low.
- 11/23/2022
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Will Carvana Co. (CVNA) Be On Your List Of Penny Stocks In 2022?
- Will CVNA stock become a penny stock in 2022? The post Will Carvana Co. (CVNA) Be On Your List Of Penny Stocks In 2022?
- 11/22/2022
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Carvana ‘was an amazing idea during the pandemic' but may not hold up now: Analyst
- Argus Research Associate Analyst Taylor Conrad joins Yahoo Finance Live to discuss downgrading Carvana to Sell on weak industry trends, the decline in used car sales, rising interest rates, and the outlook for profit growth.
- 11/22/2022
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Carvana stock gets another downgrade
- Cowen & Co. analyst John Blackledge downgraded shares of Carvana Co. CVNA, -12.53% to market perform from outperform late Monday, joining analysts from Oppenheimer and Wedbush who both lowered their ratings on the used-car retailer's stock in the past few weeks. Cowen's Blackledge wrote that "industry & macro headwinds have impacted unit growth and revenue trajectory while lengthening the path to profitability" for Carvana.
- 11/22/2022
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Carvana stock continues to skid amid interest rates, declining used car prices
- Yahoo Finance Live checks out Carvana shares amid continued pressure in the used car market and rising interest rates.
- 11/21/2022
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Carvana stock falls 13.6% as investors continue to take a wide berth
- Shares in Carvana Co (NYSE:CVNA) had another day to forget, plunging 13.6% as investors continued to steer clear of the online-only used car retailer. The company, dubbed the "Amazon of used cars" was an investor darling during the pandemic as consumers bought everything online and used car prices soared as car manufacturers' struggled to meet demand.
- 11/21/2022
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Carvana faces a cash crunch from rising interest rates, high debt
- Carvana Co., the used-car deal that was a pandemic winner, is rushing to conserve cash as once-plentiful financing options dry up and business deteriorates.
- 11/21/2022
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Carvana Stock Sinks Even Lower as Layoff News Weighs
- Shares of Carvana Co (NYSE:CVNA) are sinking this morning, last seen down 4.7% at $7.68 after a report from the Wall Street Journal quoted an analyst speculating that the used car retailer will run out of cash within a year.
- 11/21/2022
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Could Carvana Stock Go to Zero? 2 Red Flags
- The situation is going from bad to worse.
- 11/21/2022
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Carvana Faces Cash Crunch From High Debt, Rising Rates
- The used-car dealer that was a pandemic winner is rushing to conserve cash as once-plentiful financing options dry up and business deteriorates.
- 11/20/2022
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Carvana's Failure Nears
- Carvana, the used car company, had a model that worked for about two years. The model has collapsed, its stock has fallen, its bonds have lost a huge amount of value, and it may run out of cash next year.
- 11/19/2022
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Carvana CEO Ernie Garcia gives outlook for the second half of 2021
- Online used car retailer Carvana CEO Ernie Garcia explained what the current macro economic environment says about the future of business.
- 11/19/2022
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Carvana to Cut 1,500 Employees
- The online used-car retailer said Friday it will lay of 8% of its workforce after its stock plummeted this past year
- 11/18/2022
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Carvana's Woes Deepen as Investors Dump Debt
- Carvana says it is cutting about 1,500 jobs, or 8% of its workforce, as it confronts the brutal arithmetic of a crumbling secondhand car market slashing potential revenue from the autos it resells. Eliza Ronalds-Hannon reports on "Bloomberg Markets: The Close.
- 11/18/2022
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Carvana stock falls amid employee layoffs, slumping used car sales
- Yahoo Finance Live examines Carvana shares amid a slowdown in used car sales and recent plans to lay off 7% of its workforce.
- 11/18/2022
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Carvana Layoffs 2022: What to Know About the Latest CVNA Job Cuts
- Carvana (NYSE: CVNA ) stock is crashing into the weekend, down more than 7% so far on Friday. Specifically, Carvana layoffs are weighing on CVNA stock, with investors continuing to hit the exits.
- 11/18/2022
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Carvana to slash 1,500 jobs, cites economic headwinds
- Carvana Co. is cutting 1,500 jobs, or around 8% of its workforce. This comes after the Arizona used-car retailer slashed around 2,500 jobs earlier in the year.
- 11/18/2022
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Carvana to Cut 1,500 Jobs in Its Latest Round of Layoffs
- Chief Executive Ernie Garcia said in an email to employees announcing the job cuts that "the near future is uncertain."
- 11/18/2022
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Carvana plans to lay off about 1,500 employees, 8% of workforce
- Shares of Carvana Co. extended their losing streak a third session as a spokesperson with the online used-car retailer confirmed it plans to lay off 1,500 employees, or about 8% of its workforce. Carvana would join companies such as Amazon.com Inc. and Facebook parent Meta Platforms Inc. in making deep job cuts on concerns about an economic downturn.
- 11/18/2022
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Carvana to lay off 1,500 employees amid economic uncertainty
- Carvana plans to lay off about 1,500 people, or 8% of its workforce, following a freefall in the company's stock, according to an message obtained by CNBC.
- 11/18/2022
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Why Did Carvana Stock Crash?
- We look at what's been happening with shares of Carvana as the company crashed following disappointing Q3 results. Bad borrowing rates along with shifts in the auto market and supply chain take affect.
- 11/18/2022
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Why Carvana's Stock Is Driving Lower
- The outlook for the online used car dealer isn't very promising.
- 11/17/2022
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These Were The Five Best And Worst Performing Mid-Cap Stocks In October 2022
- Mid-cap companies lie in between the slower growth large-cap stocks and the faster-growth small-cap businesses.
- 11/15/2022
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Carvana's challenges 'unlikely to abate' in the near term, analyst says in downgrade
- Oppenheimer analyst Brian Nagel weighed in with a more cautious take on Carvana Co. CVNA, -18.01% Tuesday, downgrading the stock to perform from outperform on his belief that near-term challenges for the used-car retailer were "unlikely to abate." In his view, "significant nearer-term operational and financial risks for Carvana have emerged and are likely to cloud the CVNA investment story for the foreseeable future.
- 11/15/2022
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Why Carvana Is Crashing Into the Ditch Again Today
- The online used car dealer is facing significant financial difficulties down the road.
- 11/14/2022
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Why investors have jumped off the Carvana bandwagon
- Shares of Carvana have gone from an all-time high of nearly $377 per share in August 2021 to as little as $6.50 per share this week – a 98% decline.
- 11/12/2022
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Is Carvana Repairable, or Headed to the Junkyard?
- While Carvana has a viable long-term vision, it simply may not have the financial strength to get there.
- 11/12/2022
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Why Carvana Stock Is Volatile Today
- Some investors might still be reacting to the latest inflation data.
- 11/11/2022
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Why Carvana Is Soaring 25% Higher This Week
- The online used car dealer got a brief reprieve from the drumbeat of negativity.
- 11/11/2022
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Carvana Stock: There Are Gains To Be Made
- The shares of a used car dealer crashed further on Monday. The massive sell-off continued after Thursday's earnings report. The market for used cars is down from its peaks in the US, whilst the rising interest rates are a problem for the indebted company.
- 11/11/2022
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Used auto prices down 2.4% since last month
- CNBC's Phil LeBeau joins 'The Exchange' to discuss the decline in used car prices, gains automotive dealership stocks are experiencing and signs in the automotive industry that inflation is declining.
- 11/10/2022
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Why Carvana Stock Hit the Accelerator Today
- New inflation data released today eased some investors' fears.
- 11/10/2022
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Insiders Are Buying Carvana (CVNA) Stock. Here's Why.
- Shares of Carvana (NYSE: CVNA ) stock are accelerating higher by over 30% today, just days after reaching a new 52-week low of $6.50. That comes as the Manheim Used Vehicle Value Index, which measures the price of used cars, fell by 2.2% in October, bringing the year-over-year (YOY) decline to 10.6%.
- 11/10/2022
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Carvana shares jump more than 30% from record lows
- Despite the double-digit increase, Carvana's stock remains off roughly 97% this year.
- 11/10/2022
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Debt Market Doubts Carvana's Survival With Interest Expenses Set To Jump Significantly
- Carvana's notes plunged deep into distressed territory following the used car retailer's Q3 results, while highlighting some troublesome profitability issues. Macro headwinds persist, as used vehicle prices continue to slump through October as auto loan rates march higher.
- 11/09/2022
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Why Carvana stock dropped 97% in the past year as the auto resale success story became a used-car clunker
- Carvana's share price has taken a dive as used-car demand plummeted while inflation and interest rates increased.
- 11/09/2022
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Carvana: How To Profit From A Potential Bankruptcy
- Carvana's stock price is down over -96% year to date and down almost -98% since its peak in August 2021. Currently, financial markets through secondary bond prices are telling us a large proportion of market participants are inferring a potential bankruptcy for Carvana in the not-so-distant future.
- 11/08/2022
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Morgan Stanley makes brutal call on Carvana, says stock could slide to $1 amid rising rates and a slowing used-car market
- Morgan Stanley sees "material risk" in the outlook for Carvana from deterioration in the used-car market and a volatile interest rate environment.
- 11/08/2022
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Why Carvana Is Falling Today
- The online used-car dealer is driving off the road as the vehicle-market crashes.
- 11/08/2022
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Options Trader Betting On Carvana Falling Even Further, After Stock Loses 97% Year-To-Date - Carvana (NYSE:CVNA)
- On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that Carvana Co. (NYSE: CVNA) traded more than 4 times its average daily put volume on Monday.
- 11/08/2022
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1 Reason to Stay Far Away From Carvana Stock
- The online used car retailer finds itself in a deep hole.
- 11/08/2022
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Carvana stock plummets as used car prices fall
- Shares of used car marketplace Carvana continued to plummet Monday, falling over 50% over the past two trading days, following a volatile downward trend that began after the company shared third-quarter results Thursday.
- 11/07/2022
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Is Carvana stock down 97% year-to-date a value trap?
- Carvana Co (NYSE: CVNA) has pretty much been in a free fall this year, now down more than 95% versus the start of 2022 leaving investors with the most obvious question – is it an opportunity to buy at an unprecedented discount or is it a value trap? Carvana has a concerning debt load Last
- 11/07/2022
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Carvana tumbles toward record low, a day after a record 39% plunge as liquidity concerns grow
- Shares of Carvana Co. CVNA, -15.30% tumbled 16.9% in afternoon trading Monday, toward its lowest-ever close, to add to the record plunge suffered in the previous session. Last Thursday, after the company reported a much wider-than-expected loss and provided a downbeat outlook, the stock plummeted 39.0%, the biggest one-day drop since company went public in April 2017, as Wall Street grew more concerned about Carvana's liquidity position given continued losses and a weakening economy.
- 11/07/2022
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Why Carvana Stock Crashed Again Today
- The fallout from last week's earnings report continued.
- 11/07/2022
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Carvana stock sell-off continues after earnings
- Yahoo Finance's Brad Smith, Brian Sozzi, and Allie Canal discuss the move lower in Carvana stock.
- 11/07/2022
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Why Morgan Stanley Thinks Carvana (CVNA) Stock Is Worth $1
- Carvana (NYSE: CVNA ) stock is falling on Monday after Morgan Stanley analyst Adam Jonas hit the car seller with a harsh price prediction. The Morgan Stanley analyst pulled his coverage of CVNA stock in a note Friday while also stating it could only be worth as little as $1 per share.
- 11/07/2022
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Carvana stock tanks more than 20% in continued sell-off
- Shares of Carvana were briefly halted Monday due to volatility, down more than 20% to below $7 per share — its lowest point on record.
- 11/07/2022
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Should Investors Buy the Dip on Carvana Stock?
- The company is a financial wreck.
- 11/07/2022
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Carvana stock price has plunged: will it go bankrupt?
- Carvana (NYSE: CVNA) stock price has plunged in 2022, making it one of the worst-performing technology and consumer discretionary stocks. The shares dropped to a low of $8.76, which was its lowest level since 2017.
- 11/07/2022
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Analysts Are Giving Up On Carvana Stock. Should You Really Sell?
- The online car dealership is reeling after bearish analyst remarks.
- 11/07/2022
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98% Below Its High, Morgan Stanley Says Carvana Stock Could Fall To $1
- Rising interest rates, inflation and recessionary fears have led to less willingness by consumers to pay record use car prices, leading to declines for Carvana.
- 11/06/2022
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Carvana Implodes
- Carvana, the ruined used car company, missed earnings estimates badly. The situation was among the most well-covered by the business media this earnings season.
- 11/05/2022
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Carvana stock on pace for worst day ever as outlook darkens for used vehicle market
- Shares of Carvana were on pace for their worst day on record Friday after the company missed Wall Street's top- and bottom-line expectations for the third quarter.
- 11/04/2022
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Why Carvana's Stock Crashed Today
- The company's poor financial results and gloomy comments from management worried investors.
- 11/04/2022
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Carvana posts huge earnings miss
- Yahoo Finance's Pras Subramanian breaks down Carvana earnings.
- 11/04/2022
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Carvana (CVNA) Q3 Loss Wider Than Expected, Sales Decline
- Carvana (CVNA) reports a year-over-year wider loss in third-quarter 2022. Sales in the used and wholesale vehicle units log robust growth.
- 11/04/2022
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Carvana's Rose-Tinted Windshield Is Dangerous
- The online used-car seller is facing some hazardous market conditions.
- 11/04/2022
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Carvana Co. (CVNA) Q3 2022 Earnings Call Transcript
- Carvana Co. (NYSE:CVNA ) Q3 2022 Earnings Conference Call November 3, 2022 5:30 PM ET Company Participants Mike Levin - VP, IR Ernie Garcia - CEO Mark Jenkins - CFO Conference Call Participants Chris Bottiglieri - Exane BNP Paribas Rajat Gupta - JPMorgan Nick Jones - JMP Securities Adam Jonas - Morgan Stanley John Colantuoni - Jefferies Seth Basham - Wedbush Securities Brian Nagel - Oppenheimer Christopher Pierce - Needham & Company Vincent Sengelmann - Truist Securities Nat Schindler - Bank of America Michael Montani - Evercore ISI Operator Good day and welcome to the Carvana Third Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.
- 11/03/2022
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Carvana tumbles after posting declines in nearly every aspect of the car reseller's business
- Shares of Carvana fell in extended trading Thursday after the online used car retailer missed Wall Street's top- and bottom-line expectations for the third quarter.
- 11/03/2022
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Carvana stock drops more than 7% after company's wider Q3 loss
- Shares of Carvana Co. CVNA, +6.53% dropped more than 7% in the extended session Thursday after the online used-car retailer reported a wider quarterly loss and sales that met Wall Street expectations. Carvana lost $283 million, or $2.67 a share, in the third quarter, compared with a loss of $32 million, or 38 cents a share, in the year-ago period.
- 11/03/2022
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Bullpen Capital's Duncan Davidson breaks down potential three mergers
- Duncan Davidson, partner at Bull Pen Capital, joins 'Power Lunch' to share his ideas for mergers: Microsoft and Roku, Ebay and Carvana, along with SpaceX and Boeing.
- 11/03/2022
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Carvana stock surges amid stock upgrade
- Yahoo Finance Live anchor Dave Briggs reports on Carvana shares following a stock upgrade from J.P. Morgan.
- 11/01/2022
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Carvana stock gets rare upgrade from JPMorgan
- Yahoo Finance Live anchors discuss JPMorgan upgrading Carvana stock to Neutral.
- 11/01/2022
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Carvana Stock Revs Up After Analyst Upgrade
- Carvana Co (NYSE:CVNA) stock is up 17.5% to trade at $15.90 at last glance, after J.P.
- 11/01/2022
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Why Is Carvana (CVNA) Stock Up 15% Today?
- Carvana (NYSE: CVNA ) stock is climbing higher on Tuesday after JPMorgan analyst Rajat Gupta upgraded the company's shares. That upgrade has the JPMorgan analyst bumping shares of CVNA stock up from an “underweight” rating to a new “neutral” rating.
- 11/01/2022
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Carvana stock shoots higher after JPMorgan ends bearish call
- Shares of Carvana Co. CVNA, -6.63% were surging more than 9% in premarket trading Tuesday after JPMorgan analyst Rajat Gupta ended his bearish call on the used-car retailer, upgrading the stock to neutral from underweight. Gupta wrote that Carvana was "not out of the woods" but that risks around the name "seem better understood.
- 11/01/2022
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Dow Jones Bear Market: The Smartest Investors Are Buying These Beaten-Down Stocks
- These beaten-down former growth stocks have showed up in the portfolios of select billionaire money managers.
- 10/30/2022
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7 Retail Stocks You Shouldn't Touch With a 10-Foot-Pole
- With a good deal of problems facing the domestic and global economies, it's time to consider these top retail stocks to sell. Fundamentally, one of the biggest drivers of this cautionary take centers on the Federal Reserve.
- 10/25/2022
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Why Carvana Stock Was Down on an Up Day for the Market
- Investors are getting cold feet ahead of the company's third-quarter results.
- 10/24/2022
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Carvana - Car Wreck
- Carvana has seen an unprecedented boom and bust cycle over the last couple of years. The company is entering the current turmoil with a lot of debt and little equity, a dismal position to start with.
- 10/24/2022
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Carvana's Financial Problem Poses Risks To Investors
- Carvana's balance sheet is in serious trouble. Macroeconomic conditions that have been supporting the used car market are fast deteriorating.
- 10/21/2022
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Why Carvana Stock Dropped by More Than 5% This Morning
- Carvana probably won't go bankrupt, said one analyst. Is that good news or bad news?
- 10/21/2022
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Why Carvana Sank as Much as 16.9% This Week
- 2022 has been brutal for the online used car marketplace.
- 10/20/2022
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Skip CVNA Stock. Carvana's Problems Only Get Worse From Here!
- It's hard to even know where to begin when detailing the difficulties surrounding Carvana's (NYSE: CVNA ) stock. First of all, the company has legal issues to deal with in Michigan and Pennsylvania.
- 10/20/2022
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7 Stocks to Sell Before They Head to the Graveyard
- With this year's stock market downturn, it may seem too late to figure out which stocks to sell. Yet while major indices are down massively from their all-time highs, and scores of individual stocks have experienced far more severe price declines, many stocks still may have a ways to go before reaching their respective “bottoming out” moment.
- 10/19/2022
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Why Carvana Stock Hit the Brakes Today
- Negative comments from two analysts in as many days sent the stock tumbling.
- 10/19/2022
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Carvana: Used car market is ‘certainly moving against them,' analyst says
- Wedbush Managing Director Seth Basham joins Yahoo Finance Live to discuss Caravan's business model as used car sales slow.
- 10/19/2022
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3 Stocks in Bill Gates' Portfolio Reach 52-Week Lows
- A few weeks into the final quarter of a tumultuous year, a handful of stocks in Bill Gates (Trades, Portfolio)' foundation trust portfolio are trading near their 52-week lows as the market continues to contend with rising inflation and interest rate hikes.
- 10/19/2022
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Carvana Fights New Legal Battles as Wall Street Troubles Mount
- The company has taken to the courts to challenge legal and regulatory affronts, while a formerly bullish analyst grows pessimistic on its outlook.
- 10/19/2022
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Why Carvana Stock Lagged Behind the Market Today
- The company could be heading into a real traffic jam, according to one prognosticator.
- 10/18/2022
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Three-Stock Lunch: CVNA, TGT & MSFT
- Bill Stone, chief investment officer at The Glen View Trust Company, joins 'Power Lunch' to discuss three stocks involved in some of Wall Street's biggest calls: Target, Carvana, and Microsoft.
- 10/18/2022
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Wedbush downgrades Carvana to Neutral
- Yahoo Finance Live anchors Brad Smith and Brian Sozzi to discuss shares of Carvana after a Wedbush analyst downgrades the stock to Neutral from Outperform.
- 10/18/2022
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Underperforming Carvana Stock Brushes Off Downgrade
- Carvana Co (NYSE:CVNA) is up 3.3% to trade at $18.82 at last glance, enjoying the broad-market rally despite a downgrade from Wedbush to "neutral" from "outperform," with a price-target cut all the way to $15 from $50.
- 10/18/2022
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Bull vs. Bear: Who Wins With Carvana?
- Let's argue! Two opposing viewpoints on the polarizing used car retailer.
- 10/14/2022
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Down 93% This Year, Is Carvana Finally a Buy Now?
- Carvana faces challenges, but does its long-term potential outweigh those risks?
- 10/14/2022
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7 Stocks Only Suckers Will Own In This Bear Market
- This vicious bear market has spared very few firms in 2022. The S&P 500 has slipped more than 23% so far and it increasingly feels that things are getting worse.
- 10/13/2022
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7 Stocks to Buy if You Are Feeling Greedy
- Before you proceed any further, you should realize that these “stocks to buy” (and I'm putting the term inside quotation marks for a reason) represent incredible risks. Yeah, yeah, I know that Warren Buffett said to be fearful when others are greedy, and greedy when others are fearful.
- 10/13/2022
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Michigan suspends Carvana dealership, PayPal stock tanks, BeReal tops 53 million installs
- Yahoo Finance anchor Brad Smith reports the latest notable business headlines include the suspension of a Carvana dealership in Michigan due to violations of state law, shares of PayPal plunging, and social media platform BeReal topping 53 million installs worldwide.
- 10/11/2022
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Why Selling Carvana Stock Could Be a Genius Move
- The struggling online car dealership has more room to fall.
- 10/11/2022
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Why Shopify, Lucid, and Carvana Stocks All Dropped
- Inflation is bad. Could deflation be worse for these stocks?
- 10/10/2022
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Forget Carvana (CVNA), Focus on These 3 Auto Retailers Instead
- Carvana (CVNA) crashes amid economic slowdown and weak financials. Peers like Sonic (SAH), Group 1 (GPI) and AutoNation (AN) are holding up relatively better.
- 10/10/2022
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Carvana to Report Third Quarter and Host Quarterly Conference Call on November 3
- PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its third quarter financial results for the period ended September 30, 2022, following the close of market on Thursday, November 3, 2022. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results. What: Carvana Third Quarter Financial Results Conference Ca
- 10/06/2022
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Why Carvana Stock Skidded Thursday Morning
- The online auto seller drove into some bearish commentary on Wall Street.
- 10/06/2022
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Why Carvana Stock Stalled Today
- Investors are trying to predict what the Fed will do, and it's causing stocks to yo-yo.
- 10/05/2022
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Why Carvana Stock Plunged Nearly 39% Last Month
- Unfortunately, there can be bad months for investors even when the news isn't all that bad.
- 10/03/2022
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Affordability will start to be an issue for car dealers, says former Ford Motor CEO
- Mark Fields, former Ford Motor Company CEO and president, joins CNBC's 'Squawk Box' to break down shares of Tesla and vehicle demand.
- 10/03/2022
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Why Carvana Sank as Much as 23.7% This Week
- The online car dealer's main competitor posted disappointing earnings this week.
- 09/30/2022
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Why Is Carvana (CVNA) Stock Plunging Today?
- One of today's biggest decliners in the overall market is Carvana (NYSE: CVNA ). Shares of CVNA stock are now down more than 20% in this afternoon's session.
- 09/29/2022
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Why Carvana Stock Crashed Today
- Investors fear a big slowdown in the used-car market.
- 09/29/2022
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Why Carvana Stock Is Surging Today
- Investors are hoping the Fed will ease its aggressive pace of interest-rate hikes.
- 09/27/2022
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Is Carvana Stock Really "Grossly Undervalued"?
- The stock is down because the outcome is far from certain.
- 09/27/2022
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14 Ailing Companies Are About To Lose An Obscene Amount Of Money
- S&P 500 investors hate companies that lose money right now. So it's wise to know which companies are on the verge of losing obscene amounts so you don't end up holding the bag.
- 09/27/2022
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Don't Worry About Stock-Picking Accuracy When You're Swinging for a Home Run
- Babe Ruth was the king of home runs, and also the king of strikeouts. It's OK to invest like Babe Ruth.
- 09/27/2022
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Why Carvana Stock Fell Hard Today
- Investors appear to be bracing for an economic slowdown.
- 09/26/2022
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3 Growth Stocks That Will Soar in the Next Bull Market
- The bear market won't last forever.
- 09/24/2022
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Why E-Commerce Stocks Amazon, Carvana, and Global-e Online Sold Off Friday Morning
- Investors are giving up hope for a quick economic recovery.
- 09/23/2022
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Why Carvana Stock Is Plunging Today
- Carvana investors are getting worried about the economy.
- 09/22/2022
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Why Carvana Stock Was on the Rise Earlier Today
- Investors are looking ahead to a possible end of the headwinds and improving profitability at Carvana.
- 09/21/2022
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Laurent Condon Wins My Shorting Contest - Again
- Laurent Condon, a professional trader in France, won my Short Sellers Don't Have Horns short-selling contest -- his second triumph in the annual competition.
- 09/19/2022
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FedEx Warning Drags Down Amazon and Other E-Commerce, Packaging Shares
- Some packaging stocks were on track for their worst day since 2020 following FedEx's worse-than-expected earnings and withdrawn guidance.
- 09/16/2022
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Is It Time to Buy 4 of the Stocks Hedge Funds Hate the Most?
- Billionaire investors are betting big against these stocks by shorting them.
- 09/15/2022
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Why Carvana Stock Is Falling Again Today
- Carvana investors aren't optimistic about the company amid rising inflation.
- 09/14/2022
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Carvana: Our Response To Piper Sandler's Upgrade
- Valuation metrics usually don't make cyclical stocks tick whenever the macroeconomic environment isn't conducive. Theoretical evidence suggests that rising interest rates slow automotive sales.
- 09/14/2022
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Why Carvana Stock Slammed On the Brakes Today
- High inflation isn't going anywhere, and investors aren't happy.
- 09/13/2022
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Piper Sandler Assigns Carvana a Questionable Upgrade
- Piper Sandler recently upgraded used car retailer Carvana Co. ( CVNA , Financial) to a buy and suggests the stock could double in value.
- 09/13/2022
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Carvana Shares Drive 15% Higher Monday on Vote of Confidence
- Piper Sandler believes shares are currently undervalued and that investors should consider owning this stock.
- 09/12/2022
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Buy this beaten down stock for a 100% return from here: Piper Sandler
- Carvana Co (NYSE: CVNA) is down more than 80% for the year but a Piper Sandler analyst says picking it here could result in massive profits over the next twelve months.
- 09/12/2022
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Carvana: Look Elsewhere And Don't Buy Now
- Our previous Buy thesis on Carvana Co. played out accordingly, as it exceeded our price target, despite the high pessimism in Carvana before its momentum spike. Carvana's execution in Q2 demonstrated that it has multiple levers to pull to reach its target of gross profit per unit of $4.5K.
- 09/12/2022
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Buy Carvana, But Don't Overstay Your Welcome
- CVNA has fallen sharply from its recent high. The current setup looks great for a bullish trade.
- 09/12/2022
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Why One Analyst Says Carvana (CVNA) Stock Is ‘Grossly Undervalued'
- Carvana (NYSE: CVNA ) just received an upgrade from Piper Sandler analyst Alexander Potter. At the same time, Potter reduced his price target on CVNA stock.
- 09/12/2022
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Carvana stock upgraded to Overweight by Piper Sandler, shares move higher
- Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE
- 09/12/2022
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Analyst: Carvana Stock is "Grossly Undervalued"
- The shares of Carvana Co (NYSE:CVNA) are surging today, last seen up 10.9% to trade at $40.61, after Piper Sandler called the online used-car dealer "undervalued" in a bull note.
- 09/12/2022
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Carvana Stock Is 'Grossly Undervalued,' Analyst Says
- Piper Sandler upgraded the used car retailer to buy, saying the company's recent selloff provided significant potential upside.
- 09/12/2022
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Carvana Is 'Grossly Undervalued,' Analyst Says. The Stock Is a Buy.
- Piper Sandler upgraded the used car retailer to buy, saying the company's recent selloff provided significant potential upside.
- 09/12/2022
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Carvana stock looks ‘grossly undervalued' despite falling used-car prices, says analyst
- Shares of Carvana Co. were up 7% in premarket trading Monday after a Piper Sandler analyst turned bullish on the stock, writing that “many realistic scenarios” suggest the name is “grossly undervalued” despite declines in used-car prices.
- 09/12/2022
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3 Auto Stocks to Sell Now
- The automotive market is currently going through massive changes while dealing with supply chain woes and an economy on the verge of recession. So, it's fairly easy to identify automotive stocks with troubles presently.
- 09/11/2022
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Carvana Agrees To Return With Jimmie Johnson In 2023, But For Which Series?
- Jimmie Johnson's IndyCar sponsor, Carvana, has agreed to return in 2023, but Johnson isn't sure how many races — or which series — he will be racing next season.
- 09/09/2022
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Fortune 500 top gainer Carvana tied up in fresh lawsuit to recover investor losses
- A class action lawsuit against Carvana Co.
- 09/09/2022
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How Far Can Beaten-Down Carvana Stock Take Investors?
- Carvana has some questions to answer as the economy changes.
- 09/06/2022
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Why Carvana Rose 13% in August
- The online used car dealer is still struggling to adapt to changing consumer preferences.
- 09/03/2022
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3 Stocks to Sell Ahead of the Next Big Rate Hikes
- Following Federal Reserve Chairman Jerome Powell's latest remarks on monetary policy, investors are more concerned with which stocks to sell. The central bank remains committed to continuing hiking interest rates, in its quest to curb inflation.
- 09/01/2022
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7 Stocks to Buy for a Shot at Some Quick Cash
- Generally speaking (exceptions always exist), it's not appropriate to label stocks to buy as gambling. Typically, financial advisors guide their individual clients to established investment opportunities for long-term growth and stability.
- 08/31/2022
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Why Amazon, Carvana, and Skillz Stocks Slumped Tuesday Morning
- The evidence of a weakening economy continues to grow.
- 08/30/2022
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9 Key Meme Stocks To Run Out Of Money In Less Than 2 Years
- If you think investing in "meme stocks" is like playing a game of musical chairs, you might be surprised at how quickly the music might stop. The post 9 Key Meme Stocks To Run Out Of Money In Less Than 2 Years appeared first on Investor's Business Daily.
- 08/30/2022
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7 Meme Stocks for Investors to Take Seriously in 2022
- Considering how markets have been moving so far this year, you might feel that meme stocks are a thing of the past. Once the markets take a bullish turn, though, expect the retail trading frenzy to feature again.
- 08/30/2022
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7 Stocks to Sell Before Things Get REALLY Ugly
- The summer months provided a brief respite from the ugliness of 2022's bear market, but there is reason to believe things could get worse from here. U.S. consumer confidence increased slightly following the passage of the Inflation Reduction Act and amid falling gasoline prices.
- 08/30/2022
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Why Carvana Fell as Much as 13.4% This Week
- Broad market movements, high short interest, and a tough news report likely drove down shares of Carvana stock this week.
- 08/25/2022
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7 F-Rated Growth Stocks to Sell Before Q4
- It's probably high time to look at your portfolio and see which growth stocks to sell. It has been a disappointing year on Wall Street, to say the least.
- 08/25/2022
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7 Stocks Setting Up for a Major Short Squeeze
- In 2020, r/WallStreetBets captured business news headlines. The forum squeezed hedge funds that bet foolishly against GameStop (NYSE: GME ).
- 08/22/2022
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7 F-Rated Growth Stocks to Sell While You Can
- It can be tough to give up on what seemed like a good bet, but in downtimes, it is important to single out growth stocks to sell. One of the absolute worst things you can have in your portfolio is a growth stock that's stopped growing.
- 08/22/2022
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Is It Time to Buy Carvana Stock?
- If investors should be greedy when others are fearful, now could be the best time to scoop up some shares of this used car retailer.
- 08/20/2022
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Carvana Stock Took a Beating This Year. It's Still Not a Bargain, Analyst Says.
- Argus analyst Taylor Conrad initiated her rating on the stock with a Hold rating.
- 08/18/2022
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Rising Interest Rates Put Squeeze on Fintech Lenders
- Lenders such as Upstart, Mosaic and Carvana are finding money harder to come by.
- 08/18/2022
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Auto Stocks: Used-Car Retailer Reports As Prices Drop, Consumers Stumble
- Used-car retailer America's Car-Mart reports fiscal first-quarter earnings after the close today. CRMT stock and other auto stocks fell ahead of the report.
- 08/17/2022
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Tread Lightly into This Sector
- The housing market enters a recession
- 08/16/2022
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Bill Gates Is Betting Big on Carvana (CVNA) Stock. Here's Why.
- Source: Jonathan Weiss / Shutterstock.com Carvana (NYSE: CVNA ) stock is in full focus today after the Bill & Melinda Gates Foundation Trust reported purchasing 520,000 shares during the second quarter. The trust has more than $17 billion in 13F assets under management (AUM) and holds 20 positions in total.
- 08/16/2022
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7 Stocks to Watch Following 2022 Layoff News
- As the market reacts to recent labor reports, there are plenty of stocks to watch for big moves. Tech companies have been bogarting the headlines this year for reasons they probably wouldn't like.
- 08/12/2022
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Bad News Is Good, Good News Is Bad For Stocks
- July CPI results are in, and the markets rallied on news that U.S. inflation is experiencing some cooling. CPI of 8.5% is good news, and the markets are responding favorably. Beware! Irrational exuberance may be prompting investors to invest in stocks that have fallen amid market volatility, negative investor sentiment, and earnings miss that are now rallying following CPI news.
- 08/11/2022
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10 Perfect Short Squeeze Targets
- How likely is it that a beaten-down, heavily shorted stock can become a near certain candidate for a short squeeze?
- 08/11/2022
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How Carvana's Sputtering Shares Can Drive Higher
- Investors slammed on the brakes after Carvana's share price soared during the pandemic. Here's how it can get back on track.
- 08/11/2022
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Why Carvana Stock Soared Today
- A lower-than-expected CPI reading gave the stock a jolt.
- 08/10/2022
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Rob Vinall: Jam Today vs. Jam Tomorrow
- Rob Vinall is the founder and managing director of RV Capital, which he started in 2006. For his Business Owner Fund, Vinall looks to invest in companies that are building a long-term competitive advantage, have honest and competent managers and trade at an attractive price.
- 08/10/2022
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How Carvana's Stock Crashed: What Went Wrong | WSJ
- Carvana's share price skyrocketed in 2021, but less than a year later it dropped by 95%. WSJ's Ben Foldy explains the factors that helped drive the online car dealer's growth and why investors are now questioning its future.
- 08/10/2022
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Carvana stock drops, as a more than doubling in three weeks prompts J.P. Morgan to turn bearish
- Shares of Carvana Co. CVNA, -4.47% dropped 2.9% in midday trading Monday, after J.P. Morgan analyst Rajat Gupta turned bearish, saying the online car buying and selling platform's stock is "expensive" in the wake of its recent near-record rally the previous session.
- 08/08/2022
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Why Carvana Stock Is Skyrocketing Today
- Investors appeared overly eager about the stock despite a lackluster quarter.
- 08/05/2022
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Carvana shares speed toward best day in more than two years
- Shares of used-card retailer Carvana Co. CVNA, +34.85% were up more than 38% in Friday morning trading after flirting with what could be their best single-day percentage gain on record. Carvana's stock was up 38.7% Friday morning and on track for its largest one-day gain since March 24, 2020, when it rose 43.0%.
- 08/05/2022
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Carvana Co. (CVNA) CEO Ernie Garcia on Q2 2022 Results - Earnings Call Transcript
- Carvana Co. (NYSE:CVNA ) Q2 2022 Earnings Conference Call August 4, 2022 5:30 PM ET Company Participants Mike Levin - Vice President, Investor Relations Ernie Garcia - Chief Executive Officer Mark Jenkins - Chief Financial Officer Conference Call Participants Zach Fadem - Wells Fargo Sharon Zackfia - William Blair Michael Montani - Evercore ISI Chris Bottiglieri - Exane BNP Paribas Adam Jonas - Morgan Stanley Nick Jones - JMP Securities Seth Basham - Wedbush Securities Rajat Gupta - JPMorgan Colin Sebastian - Baird. Brian Nagel - Oppenheimer Operator Hello and welcome to the Carvana Second Quarter 2022 Earnings Conference Call.
- 08/04/2022
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Carvana (CVNA) Reports Q2 Loss, Misses Revenue Estimates
- Carvana (CVNA) delivered earnings and revenue surprises of -29.83% and 1.54%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/04/2022
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Three Stock Lunch: Carvana, Shake Shack and Lucid Group
- Quint Tatro, Joule Financial founder and president, joins 'Power Lunch' to discuss Tatro's investing take on three stocks: Carvana, Shake Shack and Lucid Group.
- 08/04/2022
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Carvana posts wider loss than expected but stock pops
- Shares of Carvana Co. CVNA, -3.90% were rocketing 11% in after-hours trading Thursday, though the used-car retailer missed expectations with its second-quarter revenue and logged a larger loss than analysts were anticipating. Carvana recorded a net loss of $238 million, or $2.35 a share, whereas it posted net income of $22 million, or 26 cents a share, in the year-prior quarter.
- 08/04/2022
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7 Stocks to Sell After the Fed Rate Hike in July
- As soaring inflation continues to impose a dark cloud over American families, the Federal Reserve seemingly had little choice but to lift the benchmark federal funds rate, which effectively raises borrowing costs. However, this action also sucks the incentivization out of growth-oriented businesses, meaning that some companies will invariably represent stocks to sell.
- 08/04/2022
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Carvana Q2 Preview: Can Shares Find New Life?
- Over the last year, Carvana shares have been suffocated, losing nearly 90% in value.
- 08/03/2022
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Carvana to Present at Upcoming Investor Conferences
- PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced that senior management will present to the investment community and host meetings at the following conferences: 2022 J.P. Morgan Automotive Conference Date: Wednesday, August 10, 2022** Location: J.P. Morgan Chase New York HQ Piper Sandler Growth Frontiers Conference Date: Tuesday, September 13, 2022 Location: Virgin Hotel in Nashville, TN Morgan Stanley 10th Ann
- 08/03/2022
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Carvana: Destruction Is Near Completion - Buy Its Long-Term Bottom
- Carvana is scheduled to release its Q2 earnings card on August 4. We believe the worst is over for CVNA after falling more than 90% from its August 2021 highs. Carvana seems confident in maintaining its path toward profitability. We view management's commentary on its near- and medium-term SG&A per unit guidance as positive.
- 07/31/2022
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Is the Used-Car Market Going to Crash in 2022?
- With various media outlets reporting that soaring prices in the housing sector has recently led to a slowdown in sales, analysts have now turned their attention to the used car market. One of the remarkable hallmarks of the post-pandemic paradigm, a combination of factors – including stimulus checks and supply chain disruptions – pushed consumers toward secondhand vehicle dealerships.
- 07/28/2022
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Carvana stock gains after Raymond James ends bearish call
- Shares of Carvana Co. CVNA, -4.05% were up more than 4% in premarket trading Wednesday after Raymond James ended its bearish call on the used-car retailer's stock, upgrading it to market perform from underperform following a roughly 40% drop in the shares since May 10. "Our overall thesis has remained relatively unchanged including CVNA is navigating a difficult operating environment, while also integrating 56 inspection centers from the ADESA acquisition (vs.
- 07/27/2022
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Why Carvana Surprised the Market and Soared 20% This Week
- The online car dealer's shares are ignoring a spate of bad publicity lately.
- 07/22/2022
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Carvana Co.: Christian Leone's High Stakes Game Of Liar's Poker
- In Q2 FY 2022, Ally Financial reported its highest auto loan volumes since 2006. Moreover, its auto book is performing very well despite the difficult macro backdrop. Luxor Capital, led by its founder, Christian Leone, increased the firm's stake in Carvana from 830K shares to nearly 6.2 million shares, recently. Luxor Capital is smart money.
- 07/21/2022
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Online car dealer Carvana banned from Illinois for second time
- Illinois on Monday banned Carvana from selling cars in the state for a second time after the popular online car dealer failed to get some buyers their car registrations and titles.
- 07/20/2022
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Why Carvana Stock Skidded on Tuesday
- The online auto seller is in trouble. Again.
- 07/19/2022
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Are the Carvana Shorts in Danger of Being Crushed?
- The risks of shorting a stock mean you want every advantage you can get. Carvana isn't the place to start.
- 07/12/2022
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After Sputtering Out of the Fast Lane, Steer Clear of Carvana Stock
- When things in the automotive space normalize, it may be worth another look. Yet until then, refuse to take a ride with CVNA stock.
- 07/07/2022
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Carvana to Report Second Quarter and Host Quarterly Conference Call on August 4
- PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its second quarter financial results for the period ended June 30, 2022, following the close of market on Thursday, August 4, 2022. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results. What: Carvana Second Quarter Financial Results Conference Call Wh
- 07/07/2022
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Three Cheap Stocks The Insiders Are Buying
- While insider buying is no guarantee for higher share prices it is certainly an indication of optimism and value in a stock. This is why we like to scope out the insider-buying data, it's a valuable source for trading ideas.
- 07/07/2022
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Dr. Doom: Disheartened By These 3 Disruptors
- Wall Street has been in a bear market for several weeks. As the reality of a recession draws near, avoiding stocks with little to no profits, limited growth, and strong sell quant ratings may help limit your downside risk.
- 07/07/2022
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What's Going On With Carvana Stock Today?
- Carvana Co (NYSE: CVNA) shares are surging Tuesday on above-average volume. Carvana's average session volume over a 100-day period is about 11.6 million, according to data from Benzinga Pro.
- 07/05/2022
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What Insider Moves Say About Carvana Stock
- After insider sales in 2021, Carvana stock fell over 90%. Now the same insiders are buying shares.
- 07/02/2022
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Carvana's Stock Is Down 90%. Here's Why It's a Buy
- The $1 trillion used car market is huge -- and Carvana is the leading option for internet car buying.
- 07/02/2022
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7 Best Meme Stocks to Buy Now for July 2022
- Most stocks popularized on Reddit can be forgotten, but selectively, there are the market's best meme stocks to put on the radar for buying. The post 7 Best Meme Stocks to Buy Now for July 2022 appeared first on InvestorPlace.
- 07/01/2022
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Is Carvana Stock on the Road to Zero?
- As Carvana is riddled with hard-hitting criticism, the prospect of full capital loss haunts jittery investors.
- 07/01/2022
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Bear Market Losers: The Worst Performing Mid-Cap Stocks Of The First Half Of 2022
- Despite surging during the pandemic, Peloton shares are down a whopping 74% in 2022.
- 06/30/2022
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Why Carvana Stock Popped, Then Retreated Today
- Recent comments from an analyst initially sent the stock higher -- but investors are still worried.
- 06/30/2022
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Carvana Co.: Playing Devil's Advocate To The Recent Sell Side Note
- This note is designed to play Devil's Advocate to the negative note published by Stifel yesterday. The most important piece of recent high frequency data is CarMax's Q1 FY 2023 earnings report and conference call from June 24, 2022.
- 06/29/2022
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Why Shopify, Peloton, and Carvana Fell Hard on Wednesday
- Fears over a recession caused these consumer discretionary names to fall hard on Wednesday despite Shopify's stock split.
- 06/29/2022
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Stifel Just Slashed Its Price Target on Hard-Hit Carvana (CVNA) Stock
- Carvana is getting hit hard on Tuesday after a price target cut to a new Street-low target. However, CVNA stock has not yet made new lows.
- 06/28/2022
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Why Amazon, Etsy, and Carvana Stocks Dropped Today
- Which of the three should you buy to profit from the drop?
- 06/28/2022
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Why Carvana Stock Is Falling Hard Today
- Investors likely read a recent negative report about the company.
- 06/27/2022
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$3,000 Invested in These 3 Stocks Could Help Make You a Fortune Over the Next 10 Years
- Take a 10-year outlook and tune out the short-term noise to build a fortune with these top growth stocks.
- 06/27/2022
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He Predicted Fall Of WeWork And Rivian, Now This Analyst Warns These 3 Stocks Are Set To Implode
- While there's no shortage of Wall Street analysts who will argue the bull case for stocks, there are just a few who are willing to put their reputations on the line and call out companies that will likely to end up in bankruptcy. The Man With The Vision: David Trainer, the.
- 06/26/2022
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Carvana's Tower of Troubles
- Carvana sought to disrupt the used-car market. Sales soared, but then came the less glamourous business of actually registering the cars.
- 06/24/2022
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Cash Burn: Stocks That Could Go To $0 As Fed Raises Rates: Carvana
- Time is running out for cash-burning companies kept afloat with easy/cheap access to capital.
- 06/24/2022
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4 Overvalued Stocks to Sell in This Bear Market
- Actively managing a portfolio by shorting stocks in a bear market is a lucrative strategy that could produce phenomenal returns. The post 4 Overvalued Stocks to Sell in This Bear Market appeared first on InvestorPlace.
- 06/23/2022
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Carvana Co.: Cracking The Code (Part 2 - The Contrarian Bull Case)
- Today's piece, is the second part of a two part series. It gets in the weeds and discusses Carvana's business in greater detail. The ADESA acquisition could prove, ultimately, to be a stroke of genius, as the 56 well located sites give Carvana a national footprint that should lower costs and improve GPU.
- 06/22/2022
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Is Carvana a Buy After Falling 93% From Its All-Time High?
- Shares of Carvana have had a spectacular fall from grace. But could a turnaround be in the cards?
- 06/22/2022
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Carvana Co.: Cracking The Code (Part 1)
- By my conservative net change analysis math, at least 30 million shares of Carvana have been sold during Q2 2022. For every buyer, there has to be a seller. However, when you have this much selling pressure, coinciding with a Nasdaq drawdown, the market tends to overshoot on the downside.
- 06/21/2022
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What's Going On With Carvana Stock Today?
- Carvana Co (NYSE: CVNA) shares are trading higher Wednesday on above-average volume. Carvana's average session volume over a 100-day period is about 9.9 million, according to data from Benzinga Pro.
- 06/15/2022
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Carvana stock up 18% on Wednesday: here's why
- Carvana Co (NYSE: CVNA) is up roughly 18% on Wednesday after an SEC filing said insiders have been aggressively loading up on shares of the used car retailer in recent days. Who's been buying most recently?
- 06/15/2022
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Carvana Insiders Are Buying CVNA Stock. Here's Why.
- The CVNA stock insider buying spree continues. This week, the transactions were led by VP Paul Breaux and Chief Brand Officer Ryan Keeton.
- 06/10/2022
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SOFI, COST, UAL: 5 Top Insider Buys of the Week
- Insiders are stepping up their game in light of the market decline with insider buys from SoFi, Costco and United Airlines. The post SOFI, COST, UAL: 5 Top Insider Buys of the Week appeared first on InvestorPlace.
- 06/10/2022
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Here's How Carvana Will Start Making Profits
- The bears have killed Carvana's share price this year, but don't be surprised if its stock gets back on the road to growth.
- 06/10/2022
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5 Stocks Signaling a Potential Rise Higher
- These stocks could move higher due to their unusual call options activity which often means investors expect a huge move up. The post 5 Stocks Signaling a Potential Rise Higher appeared first on InvestorPlace.
- 06/08/2022
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Carvana Is Down 89% This Year -- Time to Buy the Dip on This Pandemic Favorite?
- The e-commerce site for used cars is in a precarious situation but is going after a large market opportunity.
- 06/07/2022
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Today's Strong Jobs Market Could Soon Collapse
- Many tech companies are either slowing or pausing hiring -- or outright firing workers. And a lot of them are big creators of jobs.
- 06/04/2022
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Carvana: Winning The Game, Long-Term Growth Trajectory Intact
- The recent quarter is a disappointment. However, I see nothing wrong with the business fundamentals. CVNA continues to win the market share. As a fast grower, unexpected macro disruptions could be devastating. CVNA clearly made some mistakes in its logistical planning and planning.
- 06/03/2022
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3 Value Stocks That Could 2x in a Recession
- It might be tempting to say that valuation metrics are no longer useful for certain kinds of value stocks, but you need to adjust your focus. The post 3 Value Stocks That Could 2x in a Recession appeared first on InvestorPlace.
- 06/02/2022
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Tiger Global Is Down 50% in 2022 but Chase Coleman Is Still Betting Big on These Stocks
- Tiger Global is down 52% YTD and is on track to have its worst year ever. As a result, the fund has had to temporarily cut its fees.
- 06/02/2022
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Carvana to Present at Upcoming Investor Conference
- PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced that senior management will present to the investor community and host meetings at the following conference: William Blair's 42nd Annual Growth Stock Conference Presentation Date: Tuesday, June 7, 2022, 12:20 p.m. ET* Location: Loews Chicago Hotel *A webcast of the presentation will be accessible on the investor relations section of the Carvana website (https://i
- 05/31/2022
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These companies are 'real stinkers,' according to Andersen Capital's Peter Andersen
- Peter Andersen, Andersen Capital Management CIO, joins 'Power Lunch' to discuss stocks that Andersen considers 'real stinkers,' what will happen to these fallen stocks and more.
- 05/31/2022
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6 Top Insider Buys of the Week
- Tracking insider buying allows retail investors to take a look at how insiders view their company. This week, the list includes COIN and CVNA stocks.
- 05/27/2022
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Vice President Paul Breaux Just Bought Carvana (CVNA) Stock. Here's Why.
- Shares of CVNA stock are in the spotlight following an insider transaction from VP Paul Breaux. Breaux purchased 15,000 shares on May 20.
- 05/26/2022
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Carvana: Go Big Or Go Home With ADESA Acquisition
- Carvana is applying the principles of e-commerce from a successful online giant to the highly fragmented used car industry. Recent acquisition allows them to expand their logistics network, albeit at a significant cost which puts additional toll on their balance sheet.
- 05/26/2022
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Why Carvana Stock Is Bouncing Back Today
- A Carvana director purchased more shares of the company, which boosted investor sentiment today.
- 05/25/2022
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3 beaten-down tech stocks to avoid at all cost
- Technology stocks have had a difficult period this year as concerns about high-interest rates continue. The Nasdaq 100 index has crashed by about 30% from its all-time high and is trading at the lowest since November 2020.
- 05/24/2022
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Why Carvana Stock Got Crushed Again Today
- A new report highlights the layoffs and capital raises Carvana has made to adjust to current business conditions.
- 05/23/2022
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Is Carvana Stock A Good Long-Term Investment? Down 90% But Still Risky
- Carvana is down 90% since all-time highs of the past year. On the surface, this looks like a secular growth story trading at deeply discounted valuations.
- 05/23/2022
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7 Insider Stocks That Are Worth a Close Look Right Now
- Especially in this day and age, it's always nice to see executives put their money where their mouth is with so-called insider stocks. The post 7 Insider Stocks That Are Worth a Close Look Right Now appeared first on InvestorPlace.
- 05/23/2022
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Carvana's ‘Chaotic' Zoom Firing Caps Company's Struggles Amid Market Downturn
- After letting go 2,500 people, or 12% of its workforce, online used car seller Carvana faces a moment of reckoning.
- 05/21/2022
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Retail's 3 Most-Shorted Stocks to Trade
- Inflation and consumer spending jitters following a pair of warnings put the spotlight on three of retail's most-shorted stocks The post Retail's 3 Most-Shorted Stocks to Trade appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS It doesn't matter if you have $500 in savings or $5 million.
- 05/20/2022
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Why Is Carvana (CVNA) Down 60.5% Since Last Earnings Report?
- Carvana (CVNA) reported earnings 30 days ago. What's next for the stock?
- 05/20/2022
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Start buying growth stocks now, says EMJ Capital's Eric Jackson
- Eric Jackson, founder and president of EMJ Capital, joins 'Closing Bell: Overtime' to discuss why he remains bullish on ARKK.
- 05/19/2022
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Insiders Are Buying Carvana (CVNA) Stock. Here's Why.
- Carvana insiders have been busy buying up shares of CVNA stock. Recently, Director J.
- 05/19/2022
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Used cars: 'There's a rich debate' over Carvana earnings, analyst says
- RBC Capital Markets Internet Analyst Brad Erickson joins Yahoo Finance Live to discuss Carvana earnings as well as the outlook for the used car market and e-commerce.
- 05/18/2022
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Carvana's license to sell vehicles in Illinois suspended - state official
- Online used-car retailer Carvana Co's license to sell vehicles in Illinois was suspended on May 10 over the mishandling of paperwork related to its vehicle sales, a state official said on Wednesday.
- 05/18/2022
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Carvana: Liquidity Issues Are Overblown, Secular Growth Narrative Remains Intact
- Liquidity concerns were overblown as the factors affecting its poor Q1 performance were transitory. Carvana's secular growth narrative remains intact, albeit delayed by macro headwinds.
- 05/17/2022
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Why Is Carvana (CVNA) Stock in the Spotlight Today?
- Carvana is on the move today after recently releasing a new operating plan. CVNA stock eyed small gains this morning before falling again.
- 05/17/2022
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AutoNation And Carvana: A Tale Of Two Auto Retailers
- AutoNation is expanding its store locations across the US, increasing the sourcing of used vehicles and growing post-sales revenues. Carvana took advantage of the Covid pandemic to increase sales and earnings, but has taken a hit from changes in post-pandemic buying patterns.
- 05/16/2022
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How Carvana went from a Wall Street top pick to trading with meme stocks
- Carvana has gone from Wall Street's preferred used car retailer to trading like a meme stock amid cost-cutting measures and layoffs.
- 05/16/2022
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Carvana stock opened 20% up on Monday: here's the catalyst
- Carvana Co stock (NYSE: CVNA) opened nearly 20% up on Monday after the online used cars retailer said it's committed to growing its sales and profits while cutting expenses rapidly. What Carvana underscored in its new operating plan The new operating plan forecasts selling, general and administrative expenses per retail unit sold to descent throughout […] The post Carvana stock opened 20% up on Monday: here's the catalyst appeared first on Invezz.
- 05/16/2022
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Used-car retailer Carvana sees significant core earnings for 2023
- Carvana Co on Friday forecast significant core earnings for 2023, as the online used-car retailer spelled out plans to rein in spending on advertising, expansion and other areas to offset waning demand.
- 05/13/2022
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Three Stock Lunch: Olaplex, Carvana and Teladoc
- Tiffany McGhee, Pivotal Advisors CEO and CIO, joins 'Power Lunch' to discuss McGhee's take on stocks like Olaplex, Carvana and Teladoc.
- 05/13/2022
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Carvana Shares Jump 25%: What's Going On?
- Carvana Co (NYSE: CVNA) shares traded significantly higher on above-average volume Thursday. Carvana's average session volume over a 100-day period was 6.81 million, according to data from Benzinga Pro.
- 05/12/2022
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Carvana Insiders Buy Shares But Maybe You Shouldn't
- Carvana (NYSE: CVNA) insider CEO Ernest C. Garcia III and major shareholder Ernest C.
- 05/12/2022
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Heavily shorted online used car seller Carvana surges 30%, is halted several times
- Shares of online used car retailer Carvana surged Thursday amid a wild trading session.
- 05/12/2022
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Market Extra: Carvana, Coinbase junk bonds tumble Wednesday as layoffs, losses hit prices
- Layoffs and losses in a tight labor market?
- 05/11/2022
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Why Carvana Stock Skidded to an 18% Loss Today
- The latest news from the company and from one analyst that tracks it isn't being greeted positively.
- 05/11/2022
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5 Stocks Halted In Wednesday's Session: Here's Why
- A circuit breaker is an automatic, temporary trading halt on certain securities when the underlying stock is experiencing times of high volatility. It is a measure put in place to help restore and bring order to the markets.
- 05/11/2022
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Carvana stock tumbles on Stifel downgrade
- Stifel analyst Scott Devitt has downgraded used car dealer's stock from "buy" to "hold" and slashed the firm's price target from $115 to $40 per share.
- 05/11/2022
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Carvana (CVNA) Buys ADESA U.S. Auction Unit for $2.2 Billion
- Carvana (CVNA) acquires ADESA U.S.'s physical auction business for a valuation of $2.2 billion to spur growth and economic improvements.
- 05/11/2022
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Carvana Stock Continues Slide After Analyst Downgrade
- The shares of Carvana Co (NYSE:CVNA) are lower, last seen down 4.6% to trade at $35 in the premarket, after Stifel downgraded the stock to "hold" from "buy," and slashed its price target to $40 from $115.
- 05/11/2022
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Carvana Shares Drop 85%
- Used car sales company Carvana has posted awful financial results. Its stock sold off and is down 85% for the past year.
- 05/11/2022
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Carvana to Cut 2,500 Workers
- Online car dealer Carvana will be laying off 12% of its workforce after closing a deal to expand operations, a report from The Wall Street Journal (WSJ) said Tuesday (May 10). According to Ernie Garcia III, CEO, the company had overshot its growth strategy.
- 05/10/2022
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Carvana layoffs: Stock continues to drop as company discloses plan to shed 12% of workforce
- Online car dealer Carvana Co. plans to lay off 12% of its workforce after closing a deal to expand operations that forced the company to borrow on onerous terms.
- 05/10/2022
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Carvana to cut 2,500 staff as it struggles with overcapacity
- Carvana, a used-car retailer in the United States that raised at least nine figures worth of venture capital while private before going public, announced 2,500 layoffs today.
- 05/10/2022
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CVNA Stock Recovers as Carvana Announces Plans to Lay Off 12% of Workers
- CVNA stock is in focus today after the Carvana CEO shared plans for a restructuring program and 2,500 layoffs. The post CVNA Stock Recovers as Carvana Announces Plans to Lay Off 12% of Workers appeared first on InvestorPlace.
- 05/10/2022
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Carvana to lay off about 2,500 employees
- Online used-car retailer Carvana Co said on Tuesday that it would lay off about 2,500 employees primarily in operational groups.
- 05/10/2022
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Carvana buys Adesa USA from KAR Global
- Carvana Co. CVNA, -16.59% said Tuesday it'll pay $2.2 billion for Adesa U.S., the wholesale vehicle auction unit of KAR Auction Services Inc. KAR, -1.89% . The transaction includes 56 Adesa U.S. locations comprising 6.5 million square feet of buildings and 4,000-plus acres.
- 05/10/2022
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Why Carvana Stock Was Plunging Today
- An analyst downgrade and broad-market sell-off helped push the stock lower.
- 05/05/2022
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Carvana stock dips after Wells Fargo downgrade cites 'sharply changing macro'
- Shares of Carvana Co. CVNA, +4.33% were off 3% in premarket trading Tuesday after Wells Fargo analyst Zachary Fadem downgraded the stock to equal-weight from overweight in the wake of an "ugly" earnings report in late April and new updates on financing for the company's pending acquisition of Adesa's U.S. physical auction business. "While we believe CVNA is still on a long-term path to becoming the largest, most profitable used car retailer in this country, the near-term road is proving much less linear than we initially thought," he wrote in a note to clients.
- 05/03/2022
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Bear of the Day: Carvana (CVNA)
- Losses widen for this online auto retailer.
- 05/03/2022
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My Biggest Concern With Carvana
- Carvana has one major red flat that investors need to know about.
- 04/29/2022
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Insider Ernest Garcia II Just Bought Carvana (CVNA) Stock. Here's Why.
- Ernest Garcia II, the father of Carvana CEO Ernest Garcia III, reported purchasing 5.1 million shares, or $408 million of CVNA stock. The post Insider Ernest Garcia II Just Bought Carvana (CVNA) Stock.
- 04/28/2022
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Why Carvana Shares Plunged 11% Today
- The terms of the new debt it just sold leave a lot to be desired.
- 04/28/2022
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Carvana Stock Jumps After Tapping Apollo for ADESA Financing
- Apollo Global Management has agreed to purchase around half of $3.275 billion of bonds Carvana is issuing, according to The Wall Street Journal
- 04/28/2022
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Carvana: Busted Growth Stock Still Troublesome
- One of the companies on the list of fallen angels from the 2021 growth stock hype is Carvana Co. ( CVNA , Financial). The company operates an e-commerce platform that uses proprietary algorithms to optimize its widespread used car inventory, including inspection and delivery processes.
- 04/25/2022
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Top Wall Street analysts like these stocks for long-term upside
- TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks including eBay and Booking Holdings.
- 04/24/2022
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Sales Just Dipped for This Top Growth Stock, and It's not Netflix
- Used car sales are cooling off after a buying frenzy during the pandemic.
- 04/24/2022
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Should You Buy Carvana or AutoNation or Pass on Both?
- Two companies are benefiting from the surge in used car demand. In this article, we're looking under the hood at these two companies to see which one, if any, may be a recovery play in 2022.
- 04/22/2022
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Jim Cramer says investors should avoid Carvana after the company's disappointing quarter
- The "Mad Money" host recapped Carvana's latest quarterly results and explains why he thinks investors should stay away from the company stock in Thursday's episode of the show.
- 04/21/2022
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Jim Cramer says investors should avoid Carvana after the company's disappointing quarter
- "I expect Carvana, they couldn't do anything for you, lately or otherwise," the "Mad Money" host said.
- 04/21/2022
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Why Carvana Stock Crashed Today
- A big earnings miss and massive new capital-raising efforts aren't making for a pleasant ride.
- 04/21/2022
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Carvana (CVNA) Q1 Loss Wider Than Expected, Revenues Up Y/Y
- Carvana (CVNA) reports a year-over-year wider loss in Q1. However, revenues and the number of retail units sold grow.
- 04/21/2022
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Carvana stock falls on wider-than-expected earnings loss
- Yahoo Finance Live's Julie Hyman and Brian Sozzi discuss first quarter earnings for Carvana.
- 04/21/2022
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Carvana Shares Are Falling: Here's Why
- Carvana Co (NYSE: CVNA) shares are trading lower after the company reported financial results and announced a $1 billion common stock offering. Carvana said first-quarter revenue increased 56% year-over-year to $3.5 billion, which beat the $3.39 billion estimate, according to data from .
- 04/21/2022
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Carvana Stock Bounces Back After $1 Billion Share Offering and Wider Loss
- The used-car retailer said it would not be providing “specific numeric near-term guidance” for the remainder of the year.
- 04/21/2022
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Carvana (CVNA) Reports Q1 Loss, Tops Revenue Estimates
- Carvana (CVNA) delivered earnings and revenue surprises of -68.02% and 2.84%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/20/2022
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Carvana Co. (CVNA) CEO Ernie Garcia on Q1 2022 Results - Earnings Call Transcript
- Carvana Co. (NYSE:CVNA ) Q1 2022 Earnings Conference Call April 20, 2022 5:00 PM ET Company Participants Mike Levin - Vice President of Investor Relations Ernie Garcia - Chief Executive Officer Mark Jenkins - Chief Financial Officer Conference Call Participants John Parke - Wells Fargo Chris Bottiglieri - BNP John Colantuoni - Jefferies Michael Montani - Evercore ISI Brian Nagel - Oppenheimer Rajat Gupta - JPMorgan Adam Jonas - Morgan Stanley Seth Basham - Wedbush Securities Michael Baker - D.A. Davidson Chris Pierce - Needham Robert Zeller - SunTrust Operator Good day, and welcome to the Carvana First Quarter 2022 Earnings Conference Call.
- 04/20/2022
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Why Carvana Shares Are Plunging After Hours
- Carvana Co (NYSE: CVNA) shares are trading lower in Wednesday's after-hours session after the company reported financial results. Carvana said first-quarter revenue increased 56% year-over-year to $3.5 billion, which beat the $3.39 billion estimate, according to data from Benzinga Pro.
- 04/20/2022
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The Ratings Game: Carvana stock tumbles as ‘uniquely difficult environment' hits earnings
- Shares of Carvana Co. were getting crunched in after-hours trading Wednesday after the used-car retailer admitted that both industry-wide and company-specific challenges impacted its business in the first quarter, though the company believes it's picking up share in the market for used vehicles.
- 04/20/2022
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Carvana stock price forecast ahead of earnings
- The Carvana (NYSE: CVNA) stock price is crawling back as investors focus on the upcoming quarterly results. The shares are trading at $101.77, which is slightly above this week's low of $94.
- 04/20/2022
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Danielle Shay's three bails: PayPal, Carvana, Wayfair
- Danielle Shay, Simpler Trading, joins 'The Exchange' to discuss three of her bails and one buy.
- 04/13/2022
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Why Has Carvana Stock Dropped In 2022 And Is It A Buy, Sell, Or Hold?
- Carvana stock has fallen more than 70% from its August highs.
- 04/12/2022
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Why Carvana Stock Is Sinking Today
- Carvana's stock was downgraded today by an analyst at RBC Capital.
- 04/05/2022
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Carvana stock slips after RBC drops rating to sector perform
- Yahoo Finance Live's Julie Hyman discusses Carvana stock.
- 04/05/2022
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Carvana Stock Hit With Bear Note on Valuation Concerns
- Carvana Co (NYSE:CVNA) this morning, was downgraded to "sector perform" from "outperform" at RBC Capital Markets.
- 04/05/2022
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Why Carvana Stock Lost 21% in March
- Macroeconomic headwinds and a weak report by a peer weighed on the online auto seller.
- 04/01/2022
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Carvana Stock May Be Ready to Ride
- Online used car market platform Carvana (NASDAQ: CVNA) stock has been in a rut as it sells off with the benchmark indexes.
- 03/14/2022
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2 Beaten-Down Growth Stocks Wall Street Thinks Could Soar
- The recent sell-off in technology stocks has been brutal, but some analysts have spotted bargains among the red ink.
- 03/10/2022
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Supply Chain Headwinds Continue to Pressure Online Car Marketplaces
- When the chips are down, or at least in short supply, the connected economy suffers, at least a bit. It's well known that chips have made newer automobiles harder to come by, and so that's given a tailwind to used vehicle purchases.
- 03/02/2022
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3 Millennials Stocks on the Comeback Trail
- The companies behind clothing brands, fintech solutions, online car dealerships, e-commerce leaders, and other products and services popular among Millennial consumers have fared worse than most.
- 03/01/2022
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Carvana Tops 1 Million Sales: No Showrooms, But Lot Of Bricks And Mortar Behind The Scenes
- Carvana Co., the e-commerce platform for buying and selling used cars, passed a milestone in Q4, having sold more than 1 million vehicles in its roughly nine-year history.
- 02/28/2022
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Carvana Says Purchase of Auction Company, Facilities Will Expand Next-Day Delivery Capability
- Next-day delivery will be available to more of the customers who buy a used car from automotive retailer Carvana. With its newly announced acquisition of the nation's second-largest used vehicle auction company and its 56 sites in the U.S., Carvana will have facilities within 50 miles of 58% of the country's population — up from […]
- 02/25/2022
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Carvana to Present at Upcoming Investor Conference
- PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the industry pioneer for buying and selling cars online, today announced that senior management will present to the investor community at the following virtual conference: Wolfe Research Consumer Conference Presentation Date: Friday, March 4, 2022, 1:40 p.m. ET* *A webcast of the presentation will be accessible on the investor relations section of the Carvana website (https://investors.carvana.com/). An archived replay of the webcast will be a
- 02/25/2022
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Russian Troops Advance on Kyiv as Talks in Belarus Are on the Table
- U.S. stocks are gaining, along with those in Europe, as officials in Russia and Ukraine held out the possibility of negotiations in Belarus.
- 02/25/2022
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Carvana (CVNA) Q4 Earnings Miss Estimates, Sales Rise Y/Y
- Carvana (CVNA) incurs a loss in the fourth quarter of 2021, but sales rise year over year. The company provides guidance for 2022 amidst an anticipated tough year ahead.
- 02/25/2022
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Carvana Co. (CVNA) CEO Ernie Garcia on Q4 2021 Results - Earnings Call Transcript
- Carvana Co. (CVNA) CEO Ernie Garcia on Q4 2021 Results - Earnings Call Transcript
- 02/24/2022
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Carvana to buy KAR Global's U.S. vehicle auction business for over $2 billion
- Online used-car seller Carvana has agreed to buy KAR Global's vehicle auction business in the United States for $2.2 billion to boost its physical presence and maintain growth as a pandemic-induced boom fades.
- 02/24/2022
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Carvana posts wider Q4 loss, says that rising used-car prices dent business
- Carvana Co. CVNA, +10.91% stock fell nearly 6% in the extended session Thursday after the online used-car retailer posted a wider-than-expected quarterly loss and said that high used-car prices are causing potential buyers to give up or delay buying a vehicle. Carvana said it lost $182 million, or $1.02 a share, in the fourth quarter, compared with a loss of $154 million, or 87 cents a share, in the year-ago quarter.
- 02/24/2022
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Carvana: Another Falling Knife That Could Cut Your Portfolio
- Carvana's drop from its 52-week high has been significant, and the stock could fall another 48%.
- 02/24/2022
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Carvana Stock Will Likely Keep Falling as the Bears Take Control
- Carvana may double its revenue this year, but it's paying more for cars and there are other troubling signs. The post Carvana Stock Will Likely Keep Falling as the Bears Take Control appeared first on InvestorPlace.
- 02/18/2022
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Carvana - Running Out Of Steam But Not Done
- Carvana - Running Out Of Steam But Not Done
- 02/17/2022
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Carvana Inks Strategic Partnership With ForeverCar
- Carvana Co (NYSE: CVNA) has signed a partnership agreement with the digital omnichannel vehicle service contract platform, ForeverCar. ForeverCar is part of CUNA Mutual Group, Madison, Wisconsin.
- 02/08/2022
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Why Carvana Stock Tanked 30.1% in January
- Forward expectations for the used car market and the broad market sell-off hurt Carvana stock last month.
- 02/05/2022
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Carvana Is Looking Attractive, But Wait For Some More Time
- The share price is down more than 60% from its 52-week high. Carvana sold 111,949 cars in Q3 2021, which were 74% higher year-over-year.
- 02/01/2022
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Carvana to Report Fourth Quarter and Fiscal Year 2021 Results and Host Quarterly Conference Call on February 24
- PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, today announced it will report its fourth quarter and fiscal year 2021 financial results for the period ended December 31, 2021, following the close of market on Thursday, February 24, 2022. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results. What: Carvana Fourth Quarter and Fiscal
- 01/27/2022
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Tech Sell-Off: This Beaten-Down Growth Stock Could Soar 173%, Says Wall Street
- Stock market pain can present long-term opportunities, and Wall Street sees one in this stock.
- 01/27/2022
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Carvana (CVNA) Soars 16.4%: Is Further Upside Left in the Stock?
- Carvana (CVNA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
- 01/25/2022
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Stock Wars: CarLotz Vs. Carvana
- Benzinga's weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between a pair of used car companies: CarLotz Inc. (NASDAQ:LOTZ) and Carvana (NYSE:CVNA).
- 01/19/2022
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Carvana's Stock Is Riding High
- Carvana trades at a premium in comparison to peers and could therefore see further downside with rising inflation. Long-term, the company is solid and the trend towards online car buying should continue to fuel growth.
- 01/17/2022
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5 Stocks to Watch That Institutions Are Buying Right Now
- You can get a leg up on Wall Street by watching what institutional investors are buying. Top stocks to watch right now include DISCA and LUV.
- 01/14/2022
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US Used Car Market Finishes Strong in 2021: What's Up for 2022?
- Per its preliminary forecast, Cox Automotive envisions U.S. used vehicle sales to total 39.3 million for 2021, including 22.1 million retail purchases.
- 01/13/2022
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General Motors Wants to Get Into Used Cars. Carvana Should Look Out.
- GM introduces CarBravo, an online platform that connects used car buyers with the company as well as General Motors dealers.
- 01/12/2022
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General Motors Takes On Carvana, Carmax With New Digital Retail Platform Targeting Used Car Sales
- General Motors Co (NYSE: GM) on Tuesday introduced on a new digital retail platform that the automaker says will "elevate" the shopping and ownership experience of used cars. What Happened: GM launched a website called CarBravo, which offers customers access to an expansive inventory of used vehicles, along with an omnichannel shopping experience and exclusive ownership benefits.
- 01/11/2022
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GM challenges Carvana with CarBravo online used car marketplace
- General Motors Co said it will launch a new, online used vehicle market called CarBravo that will allow the automaker and its dealers to challenge Carvana Co, Carmax Inc and others profiting from selling second-hand vehicles.
- 01/11/2022
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We're starting to read that supply chains are normalizing, says Carvana CEO
- Ernie Garcia, Carvana co-founder, chairman and CEO, joins 'Squawk on the Street' to discuss the company's recent growth and Q4 earnings results, and how the company is tackling rising demand.
- 01/05/2022
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7 Stocks to Buy as Used Car Prices Hit a Perfect Storm in 2022
- While the notion of rising auto-related stocks to buy seems ludicrous at first, this could be one of the surprising sectors of 2022. The post 7 Stocks to Buy as Used Car Prices Hit a Perfect Storm in 2022 appeared first on InvestorPlace.
- 01/03/2022
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7 Ecommerce Stocks That Will See a Santa Surge This Year
- Ecommerce stocks are a sure bet at most times. However, due to wider supply chain issues, these seven companies are trading at a discount.
- 12/29/2021
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2 Innovative Growth Stocks to Buy Hand Over Fist This Decade
- The recent tech sell-off presents a great opportunity for investors to buy some quality stocks if you take a long-term approach.
- 12/22/2021
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Carvana Could Lose Florida Dealer License
- Florida officials could soon suspend used car retailer Carvana's dealer license after increasing issues with title transfers, Seeking Alpha reported Monday (Dec. 20). The Florida Department of Highway Safety and Motor Vehicles sent an email to Carvana, saying that it “remains concerned with Carvana's apparent inability to comply with the provisions of Florida law requiring […]
- 12/20/2021
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Carvana to Present at Upcoming Investor Conference
- PHOENIX--(BUSINESS WIRE)--CARVANA TO PRESENT AT UPCOMING INVESTOR CONFERENCE
- 11/23/2021
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4 Stocks to Buy That Get Revenue From Surprising Places
- From gold miners to automakers, these stocks to buy are known for their main businesses. But they have more than one way of making money.
- 11/22/2021
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Carvana (CVNA) Dips 4.7% Since Wider-Than-Expected Q3 Loss
- Carvana (CVNA) estimates total gross profit per unit in low-to-mid $4,000 in 2021.
- 11/12/2021
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Best Stocks To Buy Today? 4 E-Commerce Stocks To Know
- Could these e-commerce stocks be great long-term investments?
- 11/12/2021
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Carvana CEO on the used car shortage and what caused the company to swing back to a loss in Q3
- Carvana CEO Ernie Garcia appeared on Friday's episode of "Mad Money," one day after the used car dealer reported quarterly results.
- 11/05/2021
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Carvana's (CVNA) CEO Ernie Garcia on Q3 2021 Results - Earnings Call Transcript
- Carvana's (CVNA) CEO Ernie Garcia on Q3 2021 Results - Earnings Call Transcript
- 11/04/2021
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Carvana Says Partnerships Provide New Horizontal, Vertical Opportunities
- Used car retailer Carvana highlighted two recently announced partnerships Thursday (Nov. 4) during an earnings call with investors and analysts. In one, the company will provide an online sales channel to vehicle rental company Hertz.
- 11/04/2021
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Carvana (CVNA) Reports Q3 Loss, Tops Revenue Estimates
- Carvana (CVNA) delivered earnings and revenue surprises of -35.71% and 7.00%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/04/2021
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Is a Surprise Coming for Carvana (CVNA) This Earnings Season?
- Carvana (CVNA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 11/03/2021
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Inflation Mania: 2 Growth Stocks Riding the Boom in Car Prices
- The surprising rise in car prices has sent shares of Ally Financial and Carvana soaring, and the surge looks set to continue.
- 10/23/2021
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Carvana in Government Crosshairs After Increased Complaints
- Carvana customers have filed dozens of complaints with local officials and hundreds more with the Better Business Bureau related to wrong paperwork, delays getting their vehicle's documentation and other issues with the nine-year-old online auto retailer, The Wall Street Journal reported Friday (Oct. 22). The online car retailer is on probation in Michigan after it […]
- 10/22/2021
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Why Carvana Shares Are Rising
- Carvana Co (NYSE: CVNA) shares are trading higher by 4.4% at $301.90, possibly in sympathy with AutoNation (NYSE: AN), which reported better-than-expected third-quarter results. AutoNation reported quarterly earnings of $5.12 per share which beat the analyst consensus estimate of $4.20 by 22%.
- 10/21/2021
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Carvana: A Likely Earnings Manipulator
- Carvana Co. ( CVNA , Financial) is a U.S. e-commerce company that sells cars. It operates a fully integrated platform that includes vehicle sales, delivery and financing.
- 10/18/2021
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Read Why Wedbush Sees Carvana As An Attractive Buy
- Wedbush analyst Seth Basham upgraded Carvana Co (NYSE: CVNA) to Outperform from Neutral with a price target of $360, up from $350, implying a 25.32% upside. Carvana Co is an e-commerce platform for buying and selling used cars.
- 10/11/2021
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How Carvana will reach profitability by 2023
- Wedbush Securities Seth Basham joins Yahoo Finance's Brian Sozzi and Julie Hyman to discuss how Carvana will meet consumers' demand, why Wedbush upgraded its price target, and the outlook of growth for the company.
- 10/11/2021
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Carvana and Vroom Still Have Room to Drive, According to Internet Traffic
- Online used-car dealers like Carvana and Vroom have seen soaring sales and stock prices during the pandemic, and robust internet traffic indicates that consumer interest remains high in them.
- 10/08/2021
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3 Most-Shorted Stocks Ready for Buying in October
- Bottoms are notorious for a seasonally weak and notorious October, but these most-shorted stocks insist treats for bulls are hear today. The post 3 Most-Shorted Stocks Ready for Buying in October appeared first on InvestorPlace.
- 10/01/2021
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Carvana Debuts in Idaho with The New Way to Buy a Car®
- BOISE, Idaho--(BUSINESS WIRE)--Carvana Brings The New Way to Buy a Car® to Boise.
- 09/29/2021
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Carvana Brings The New Way to Buy a Car® to Joplin
- JOPLIN, Mo.--(BUSINESS WIRE)--Carvana continues expansion in southeast Missouri with Joplin launch.
- 09/22/2021
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Carvana Expands Missouri Presence with Springfield Launch
- SPRINGFIELD, Mo.--(BUSINESS WIRE)--Carvana grows presence in Missouri, offering as-soon-as next day delivery to Springfield.
- 09/22/2021
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Why the transition to EVs is a ‘huge opportunity' for Carvana
- Carvana CEO Ernie Garcia joins Yahoo Finance to discuss how the company is adapting to fulfill consumer demand despite supply concerns, the rising prices in used cars, and the company's strategy for growth. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 09/21/2021
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5 Retail Stocks Chase Coleman and Lee Ainslie Agree On
- In light of August retail sales posting a surprise increase, five retail stocks that Chase Coleman (Trades, Portfolio)'s Tiger Global Management and Lee Ainslie (Trades, Portfolio)'s Maverick Capital both own include Alibaba Group Holding Ltd. ( BABA , Financial), Amazon.com Inc. ( AMZN , Financial), Coupang Inc. ( CPNG , Financial), JD.com Inc. ( JD , Financial) and Carvana Co. ( CVNA , Financial).
- 09/16/2021
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Cinemark Holdings Inc Ranked Among Today's Top Shorts Amid Rising COVID-19 Concerns, Inflation Fears, And More
- The Dow Jones was flat, the S&P 500 ticked up 0.2%, and Nasdaq rose 0.3%. Make the most of this market with today's Top Shorts from Q.ai's deep learning algorithms.
- 09/15/2021
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Carvana Brings The New Way to Buy a Car® to Fort Smith
- FORT SMITH, Ark.--(BUSINESS WIRE)--Carvana offers as-soon-as-next-day delivery to Fort Smith area residents.
- 09/15/2021
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Carvana Brings The New Way to Buy a Car® to Fayetteville
- FAYETTEVILLE, Ark.--(BUSINESS WIRE)--Carvana grows Arkansas presence with Fayetteville launch.
- 09/15/2021
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Why Wall Street Loves This Growth Stock
- Carvana is on an unstoppable rise to the top of the used car industry, and analysts are extremely bullish.
- 09/14/2021
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7 Auto Stocks to Buy as Price Relief Might Not Arrive Soon
- With the semiconductor crisis likely to keep car prices elevated for some time, these auto stocks may cynically benefit. The post 7 Auto Stocks to Buy as Price Relief Might Not Arrive Soon appeared first on InvestorPlace.
- 09/13/2021
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Carvana: Excellent Growth Play
- Carvana stock is expected to record a double-digit annual growth rate in the upcoming decade. Management is increasing the count of IRCs at a significant pace.
- 09/13/2021
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Cinemark Holdings Inc Identified Among Today's Top Shorts As Investors Navigate COVID-19 Concerns
- The Dow Jones dipped another 80 points or so. The S&P 500 was flat, and the Nasdaq fell slightly.
- 09/08/2021
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Carvana Arrives in Carson City with The New Way to Buy a Car®
- CARSON CITY, Nev.--(BUSINESS WIRE)--Carvana expands Nevada presence with Carson City launch, offering as-soon-as-next day vehicle delivery to area residents.
- 09/08/2021
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American Airlines Group Inc Ranked Among Today' Top Shorts Amid Rising COVID-19 Concerns
- Analysts are extremely concerned about the Delta variant of Covid-19, with hospitalizations increasing across the country and cases hitting new peaks in recent weeks. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.
- 09/07/2021
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Carvana Co Ranked Among Today's Top Shorts As Markets Trade In The Green
- The Dow Jones climbed 130 points, while the S&P 500 and Nasdaq both rose 0.4%. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.
- 09/02/2021
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Carvana Co Ranked Among Today's Top Shorts On The Final Trading Day In August
- As we are in the final trading day of August, the Dow Jones is up 1.3%, the S&P 500 is up 3%, and the Nasdaq is up 4%, month-to-date. Make the most of this market with today's Top Shorts from Q.ai's artificial intelligence.
- 08/31/2021
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Carvana Co Ranked Among Today's Top Shorts As Major Indices Rise To New Levels Following Last Week's Jackson Hole Symposium
- To open up this week, the Dow fluctuated between gains and losses, the S&P 500 gained 0.2% to set a new intraday record high, and the Nasdaq rose 0.4%. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.
- 08/30/2021
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3 Top Growth Stocks Using Artificial Intelligence
- Artificial intelligence is helping companies build scale like never before, and these three are using it right now.
- 08/27/2021
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Top 2nd-Quarter Buys of Lee Ainslie's Maverick Capital
- Lee Ainslie (Trades, Portfolio), the founder and CEO of Maverick Capital, recently disclosed the firm's 13F portfolio changes for the second quarter of 2020, which ended on June 30.
- 08/24/2021
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Put Buyers Circle Carvana Stock on Heels of Record High
- Carvana Co. (NYSE:CVNA) is an e-commerce company that sells used cars through its online store.
- 08/24/2021
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This Fintech Is Down 79% Since Its IPO: Is It a Buy?
- The young insurtech has had some growing pains as it seeks to disrupt a legacy industry.
- 08/24/2021
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7 High-Risk Stocks To Sell Before You Get Burned
- The market is clearly dividing between winners and losers this summer. These seven stocks to sell could face a rough fall ahead.
- 08/23/2021
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Carvana Co Ranked Among Today's Top Shorts
- Markets were in the red this morning by just shy of 1% across the board. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.
- 08/16/2021
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Carvana's success rides on used-car loans
- Online used-car dealer Carvana Co., known for its vehicle vending-machine towers, has a secret sauce to its business success: a way of handling car loans that turbocharges revenue.
- 08/15/2021
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Carvana CEO shares the company's growth strategy
- Carvana founder and CEO Ernie Garcia joins 'Barron's Roundtable' to discuss the benefits of online-car shopping #FoxBusinessTonight #FoxBusiness Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street.
- 08/14/2021
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Carvana Raised $750M Via Institutional Offering Of Senior Notes
- E-commerce platform for buying and selling used cars, Carvana Co (NYSE: CVNA), priced 750 million 4.875% senior notes due 2029 in a private institutional placement. The offering proceeds will serve general corporate purposes.
- 08/13/2021
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Carvana Co. Announces Pricing of Senior Notes Offering
- PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it has priced the private placement of $750.0 million in aggregate principal amount of its 4.875% Senior Notes due 2029 (the “Notes”). The Notes will be issued under an indenture to be entered into upon the closing of the offering, which Carvana anticipates will take place on or about August 16, 2021, subject to customary closing conditions. Carvana intends to us
- 08/12/2021
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Arvinas Inc Ranked Among Today's Top Shorts
- Markets were slightly lower this morning after the Dow Jones touched all-time highs at the open. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.
- 08/12/2021
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Wall Street Break: The Inflation Conundrum (Podcast)
- Wall Street Break: The Inflation Conundrum (Podcast)
- 08/12/2021
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Carvana Co. Announces Senior Notes Offering
- PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading eCommerce platform for buying and selling used cars, today announced it is planning to offer, subject to market conditions and other factors, $750.0 million in aggregate principal amount of Senior Notes due 2029 (the “notes”). Carvana intends to use the net proceeds for general corporate purposes. The notes will not be registered under the Securities Act of 1933, as amended (“Securities Act”), or the securities laws of any other ju
- 08/12/2021
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Blink Charging Co Among Today's Top Shorts
- The Dow Jones gained about 150 points, or 0.45%, the S&P 500 rose 0.2%, and the Nasdaq gained 0.1%. Find opportunities in this market with today's best short plays from Q.ai's deep learning algorithms.
- 08/11/2021
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Arvinas Inc Ranked Among Today's Top Shorts
- The Dow Jones rose 10 points, while both the S&P 500 and Nasdaq also saw mild gains. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.
- 08/10/2021
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Used car prices to stay high until automakers can fix production issues: Carvana CEO
- There will be a 'lasting impact' on used car prices until automakers can solve production issues caused by chip shortages, says the CEO of Carvana.
- 08/07/2021
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Carvana CEO Ernie Garcia on the company's first profitable quarter
- Ernie Garcia, founder and CEO on Carvana, joins 'Squawk Box' to discuss the company's earnings and the outlook for the used car market.
- 08/06/2021
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Carvana stock opens about 10% up after first-ever quarterly profit
- Carvana Co. (NYSE: CVNA) turned profitable for the first time in its fiscal second quarter. Shares of the company are about 5% up on Friday morning after it reported better-than-expected results for Q2 last night.
- 08/06/2021
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Carvana Revenue Up 200 Pct As Used Cars Remain Hot
- Online car dealership Carvana's revenue went up almost 200 percent in the second quarter of 2021 from the same time a year ago, and the firm sold more than 100,000 vehicles for the first time, a 96 percent increase from a year earlier. The results have company officials confident that they are “firmly on the […]
- 08/06/2021
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Carvana (CVNA) Q2 Earnings & Sales Trump Estimates, View Up
- Carvana (CVNA) estimates gross profit per unit to be more than $4,000 in 2021, significantly above the earlier outlook of mid-$3,000 level and higher than the $3,252 recorded in 2020.
- 08/06/2021
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