Advertisement
Singapore markets close in 2 hours 20 minutes
  • Straits Times Index

    3,190.83
    +36.14 (+1.15%)
     
  • Nikkei

    38,079.70
    +117.90 (+0.31%)
     
  • Hang Seng

    16,469.55
    +217.71 (+1.34%)
     
  • FTSE 100

    7,847.99
    +27.63 (+0.35%)
     
  • Bitcoin USD

    60,921.89
    -3,069.20 (-4.80%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,022.21
    -29.20 (-0.58%)
     
  • Dow

    37,753.31
    -45.66 (-0.12%)
     
  • Nasdaq

    15,683.37
    -181.88 (-1.15%)
     
  • Gold

    2,393.90
    +5.50 (+0.23%)
     
  • Crude Oil

    82.79
    +0.10 (+0.12%)
     
  • 10-Yr Bond

    4.5850
    0.0000 (0.00%)
     
  • FTSE Bursa Malaysia

    1,544.32
    +3.90 (+0.25%)
     
  • Jakarta Composite Index

    7,156.07
    +25.23 (+0.35%)
     
  • PSE Index

    6,540.65
    +90.61 (+1.41%)
     

Where Will Carvana Be in 1 Year?

Where Will Carvana Be in 1 Year?

It wasn't very long ago that online used car retailer Carvana (NYSE: CVNA) was looking as though it was heading off to the junkyard to be sold for scrap. A lack of inventory, soaring used car prices, and rising interest rates conspired to run the industry off the road and for Carvana's stock to spontaneously combust. Has Carvana pulled itself out of the ditch at last, or is it just careening to the cliff on the other side of the road?