The Latest Breaking News from Carvana

Online used car retailer Carvana (CVNA) reported disappointing first-quarter 2022 results, and its near-term prospects look bleak due to logistical disruptions, high used car prices, significant hikes in interest rates, and surging fuel prices. However, considering the stock’s impressive 26% gain on Tuesday, is CVNA a buy now? Read on…

Carvana Co (NYSE: CVNA) shares are surging Tuesday on above-average volume. 

Sales model of digital disruptors such as Cazoo and Carvana fail to spark with buyers

Over the past 3 months, 26 analysts have published their opinion on Carvana (NYSE:CVNA) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

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.