Carvana may be facing a more challenging macroeconomic environment as subprime delinquency rates begin to rise while consumer discretionary spending remains selective. Despite strong YTD performance ...
Carvana Co. is downgraded from Strong Buy to Hold due to rising risks in its loan-dependent business model. CVNA's Q3 earnings beat expectations, but over 100% of net income came from gains on the ...
Connecticut residents who bought a car from Carvana may be eligible for money after the online car retailer agreed to a settlement establishing a $1 million customer restitution fund. The settlement, ...
Carvana Co. raises “lots of red flags,” especially after the recent implosion of auto lender Tricolor Holdings, says famed short-seller Jim Chanos, who has singled out the online car retailer over the ...
However, if an issue gets severe enough, or if there’s little interest in the car on offer, car owners can find it difficult to get a decent price for their vehicle. The internet is filled with ...
Many turn to the online marketplace Carvana to find their new vehicle when buying a car. Featured Video While the site boasts many happy users, a considerable number of people have shared their ...
(Reuters) -Used car retailer Carvana reported higher third-quarter profit and revenue on Wednesday, aided by strong demand for preowned vehicles. Demand for used vehicles has remained strong as ...
Carvana (NYSE:CVNA) released its third-quarter earnings report last week, revealing record revenue of $5.6 billion, up 55% year-over-year, driven by 155,941 retail units sold, a 44% increase. However, ...
Carvana Co. (NYSE:CVNA) shares are trading lower in the premarket session on Wednesday. The company has unveiled plans to integrate an auction and reconditioning ‘Megasite' in central New Jersey. The ...
Retail sentiment for Carvana (CVNA) remained 'bearish' late Wednesday despite the online used-car retailer's strong earnings report, with some Stocktwits users voicing skepticism, suggesting the ...
Although online used-car dealership Carvana (CVNA) has been on an absurdly successful run, a short-seller attack put a significant damper on CVNA stock. Nevertheless, the security remains popular with ...
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