Carvana (CVNA) shares plunged 15% after Gotham City Research alleged undisclosed related-party transactions inflated earnings by over $1B. Gotham claims DriveTime subsidies fuel over 73% of Carvana’s ...
Carvana's stock value fell sharply after a short-seller report accused the company of overstating its earnings. The report alleges Carvana's financial standing was improperly subsidized by DriveTime, ...
Carvana executed a $5.5B debt exchange, reduced interest outflows, and strengthened its balance sheet, supporting sustainable deleveraging. Revenue is projected to grow at a 26% average over five ...
Carvana is growing quickly while staying profitable. Management expects a strong finish to 2025. The business looks healthier, but I would stay on the sidelines at today's price. But Carvana's ...
ATLANTA — Online car sales company Carvana, which first hit the road with a launch in Atlanta in 2013, is bringing new business innovation back to the market. Carvana confirmed to Channel 2 Action ...
The value of the used-car marketplace’s stock has sharply soared following news of its incoming entry into the S&P 500. Carvana's value has skyrocketed Carvana's market value could surpass $100 ...
Carvana stock is outperforming companies like Nvidia, Google, Apple, Tesla and Meta in terms of annual percentage gains. The used car retailer's share price is up over 95% year-over-year as of Dec. 10 ...
Ty Roush is a breaking news reporter based in New York City. Carvana’s stock rallied as trading opened Monday following an announcement that it would be added to the S&P 500, capping a yearslong ...
As a true disruptor in the highly fragmented used vehicle market and with an online platform that differentiates it from its largest competitor, UBS analyst Joseph Spak initiates coverage of Carvana ...
Stalled plans for a first-ever Carvana "vending machine" facility have been revived on the site of a longtime amusement park in the Polaris area. The Tempe, Arizona-based online auto retailer in 2022 ...
Carvana (CVNA) reported record Q3 revenue of $5.6B but missed earnings expectations at $1.03 per share versus $1.30 expected. Carvana’s loan portfolio is 44% nonprime borrowers and its 60-day prime ...