Search results
Results from the Tech24 Deals Content Network
Carvana stock surged as much as 40% on Friday after the used car platform posted its first-ever annual profit and issued better-than-expected guidance.The results prompted the company's leadership ...
In Q1 2024, Carvana sold 91,878 retail units, an increase of 16% year over year, for a total revenue of $3.1 billion, up 17% compared to the same time last year.
Carvana also expects its non-GAAP total gross profit per unit to come in above $6,000, representing a new company record and a more than 63% improvement compared to the same quarter last year.
Investors responded by driving its stock price up 56% ... from some of the pressure its stock has been under; shares of Carvana traded above $50 per share in 2022, before falling to under $4 per ...
Carvana stock gained as much as 12% on Friday after the online used car platform reported a surprise adjusted profit last quarter, even as the number of units sold declined year over year.Shares ...
The company, which once had stock prices as high as $360 in 2021, had experienced a steady decline down to the single digits. ... shares of Carvana closed at $19.07 today, erasing much of its ...
Loaded 0%. Carvana ( CVNA) stock surged more than 50% on Thursday, leaving short sellers sitting on heavy losses as the troubled car retailer continues its turnaround. On Friday, the stock was ...
The stock is still more than 85% below its record closing high of $370.10 reached in August 2021. The stock's massive rallies have been reminiscent of the pandemic-era " meme craze ."