March 13 (Reuters) - Used-car retailer Carvana said on Friday it would split each of its shares into five in its first stock split, sending its shares up 2.8%. The Tempe, Arizona-based online retailer ...
2025 has not been kind to consumer discretionary stocks. Among the 11 S&P 500 sectors, consumer discretionary has posted the fourth-worst performance year to date (YTD). Over the past month, its 2.43% ...
Carvana Co. raises “lots of red flags,” especially after the recent implosion of auto lender Tricolor Holdings, says famed short-seller Jim Chanos, who has singled out the online car retailer over the ...
Connecticut residents who bought a car from Carvana may be eligible for money after the online car retailer agreed to a settlement establishing a $1 million customer restitution fund. The settlement, ...
Carvana Co. is downgraded from Strong Buy to Hold due to rising risks in its loan-dependent business model. CVNA's Q3 earnings beat expectations, but over 100% of net income came from gains on the ...
Shares in high-flying used-car retailer Carvana closed down 14% on Wednesday after the release of a short seller’s report that alleged the company’s earnings are “far more dependent” than previously ...
The used car market is experiencing a period of dynamic change, with evolving consumer preferences, technological advancements, and economic factors shaping the fortunes of key players. CarMax (NYSE: ...
(Reuters) -Used car retailer Carvana reported higher third-quarter profit and revenue on Wednesday, aided by strong demand for preowned vehicles. Demand for used vehicles has remained strong as ...