Carvana Co. Class A Stock News

CNBC's Jim Cramer on Wednesday reviewed ten stocks worth more than $1 billion that have run up big this year and suggested they were smart investments — although most were also very speculative. "Let's remember this list of frothy stocks and think of them the next time you're about to ignore a stock for being too speculative," he said.

Carvana Co. shares have surged ~85% since September, driven by a strong earnings report and a successful turnaround from 2021 lows, making shares a strong buy. CVNA Q3 earnings exceeded expectations with an EPS of $1.14 and $3.66 billion in revenue, showcasing Carvana's rapid and impressive turnaround. Carvana's innovative digital platform and customer-centric features are key to its market sha...

LAS VEGAS--(BUSINESS WIRE)--Carvana (NYSE:CVNA), an industry pioneer for buying and selling used cars online, today announced the expansion of its same day vehicle delivery offering to the greater Las Vegas, Nevada area. Select Las Vegas area residents can now take delivery of a vehicle purchase as soon as the same day they place an order on Carvana.com. “I live 30 minutes from my parents, so t...

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced that Mark Jenkins, Carvana's Chief Financial Officer, will present to the investor community and host meetings at the conference. 2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunication Conference Presentation Date and Time: Wednesday, N...

Shares of Carvana have continued to rally after a very strong Q3 earnings print, bringing YTD gains to above 400%. Driven by accelerating sales growth as well as meaningful GPU expansion in Q3, I'm also upgrading Carvana to a neutral rating. Carvana notes that it's still below target inventory levels, indicating that growth could have been even stronger with higher availability.

PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, today launched a new broadcast campaign starring seven-time NASCAR champion Jimmie Johnson. The commercial highlights Carvana's same day vehicle delivery service, allowing customers to receive their car in less than 24 hours after placing an order on carvana.com. “After several successful seasons wit...

Carvana Co. (NYSE: CVNA), a leading e-commerce platform for buying and selling cars, has captured significant investor attention following notable insider trading activity by its Chief Product Officer, Daniel J. Gill.

The stock market is a complex and ever-changing ecosystem where prices fluctuate in response to multiple factors. Company earnings, economic data, investor sentiment, and geopolitical events all play a significant role in shaping the market's trajectory, often leading to a dynamic and volatile interplay of positive and negative stock price movements.