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Benzinga
Benzinga
Business
Rishabh Mishra

Carvana Remains Overvalued After Surging More Than 24% In A Month Amid S&P 500 Inclusion And Fed Rate Cut Bets

Deeper Insights

Carvana Co. (NYSE:CVNA) is flashing a warning signal for value-focused investors, dropping into the bottom 10th percentile of stocks for valuation even as its share price surges amid the S&P 500 index inclusion.

Check out CVNA’s stock price here.

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