Carvana's Stock Soars 40% Following Surprise Profit Announcement
Wednesday, 1 May 2024, 20:45
Carvana Surprises Market
Used-car retailer Carvana Co.'s stock jumped about 40% in the extended session Wednesday following a surprise profit and increased revenue. The company, once on the brink of bankruptcy, has managed to exceed market expectations, leading to a surge in investor confidence.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.