Tag: $Carvana

Carvana reported better-than-expected sales and earnings for the fourth quarter and sees even more growth in 2025. The stock, which has surged by triple-digits over the past year, dropped shortly after numbers were released.

Online car dealer Carvana delivered a huge earnings beat. Investors appear happy. Shares were soaring in early trading Thursday.

Carvana has reached a deal with noteholders to reduce the used car retailer’s total debt outstanding by more than $1.2 billion, the company said Wednesday.

Shares of used-car retailer Carvana Co fell about 2% in premarket trading on Friday, as analysts fear that the debt-laden company’s upbeat second-quarter profit forecast could be just a ‘one-time’ gain.

Carvana stock was surging after the used-car retailer issued an improved outlook for its fiscal second quarter.