The Latest Breaking News from Carvana

Used car retailer Carvana (CVNA) has seen significant insider buying recently, reflecting bullish sentiments. However, given its bleak bottom-line positioning, should you invest in the stock now? Read on to find out.

A nearly 6% drop in the S&P 500 index last week spurred insider buying with insiders purchasing more than 4 times as much stock as they did the prior week, reversing three weeks of declining purchases.

Some Carvana customers were allegedly waiting months to get titles for vehicles they purchased through the online retailer.

A whale with a lot of money to spend has taken a noticeably bearish stance on Carvana. Looking at options history for Carvana (NYSE:CVNA) we detected 10 strange trades.

The United States job market has exhibited resilience, adding more jobs than expected in April. Nevertheless, layoffs and hiring freezes have been sweeping across businesses this year. Amid this, we think companies that have been struggling with their growth trajectories and have implemented employee layoffs recently, such as Netflix (NFLX),…

Carvana’s license to operate in Illinois was suspended after consumer complaints. The Illinois Secretary of State’s office said some buyers are waiting four to six months for proof of vehicle ownership.

The online used car retailer had a net loss of over $500 million in the first quarter of 2022.

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